More on Related Themes
2014-05-29 00:00:00 A Stealth Recovery by Pamela Rosenau of HighTower Advisors
In the fall of 2010, I had written that several indicators suggested the U.S. was entering “stealth economic recovery” mode. This “stealth” recovery coupled with low interest rates and changing demographics were going to usher us into “the age of the Dividend Darlings -- companies that pay sizeable, sustainable, and growing dividends.” Investors would not only replace their income exposure to lower yielding bonds, but also focus on growing income in the equity market.
2014-04-04 00:00:00 Do You Think You Can Be Effective in Market Forecasting? by Robert Isbitts of Sungarden Investment Research
It is important to understand that no one can predict the future with certainty. Investors should take so-called expert forecasts with a grain of salt. Effective portfolio management is not about forecasting the future and then clinging to that forecast. It?s about continuously evaluating information and market conditions and then making adjustments when necessary to pursue the ultimate goal. To paraphrase long time market watcher Steve Leuthold, ?Predictions are for show, our decisions within the portfolio are for dough.?
2014-03-27 00:00:00 The Media?s Incomplete Coverage of the Active/Passive Debate by Roger Nusbaum of AdvisorShares
Barron?s revisited the debate between active and passive portfolio management with it?s conclusion revealed in the article?s title; Go Active for Bonds, but Index Your Stocks. This is an important issue for market participants to explore and the revisit every so often.
2013-10-10 00:00:00 Better Beta Is No Monkey Business by Patrick Rudden of AllianceBernstein
The infinite monkey theorem states that a monkey hitting keys at random on a typewriter keyboard for an infinite amount of time will almost surely type a given text, such as the complete works of William Shakespeare. This makes perfect sense to me, but says more about infinity than it does about monkeys.