What do Will Danoff and Chris Rock have to do with your money decisions?
Search Results for: "benchmark"
The Stock Market is Not Your Benchmark
Finding the right benchmarks in life.
The Tyranny of Benchmarking
A number of years ago the firm I worked for went through a lengthy review process of the compensation policies for our investment team. Management was trying to make sure our pay was aligned with industry averages but specifically, they were overhauling our bonus pool. A compensation consultant was brought in. The process took a…
How Should Alternative Investments Be Benchmarked?
Following my recent piece on the future of the hedge fund industry, a reader asked: Interest rates are too low and stock market volatility is too high so we have to hold some alternatives in our client portfolios. Our problem is how do we benchmark these funds? S&P 500? 60/40 portfolio? A hedge fund index?…
The Pitfalls of Benchmarking
The latest SPIVA numbers are out and once again it doesn’t look too pretty in terms of active management’s ability to outperform their benchmarks: The passive management revolution, the zero-sum nature of investing, the fact that markets are so competitive these days and the high cost of active management are the prime suspects for these…
2022 Was One of the Worst Years Ever For Markets
This was one of the worst years ever for financial markets.
How Often is the Market Down in Consecutive Years?
Stocks and bonds are rarely down two years in a row but it can happen.
The Thing That’s Hard About Markets
Why aren’t oil prices higher right now?
It Might Take a Recession to Slow Down the Consumer
Prosecuting a chart crime.
Why Isn’t Inflation Falling?
Two reasons inflation has remained elevated.