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Small-Cap Outperformance For Free

Small-Cap Outperformance For Free

Exchange-traded funds are crushing mutual funds thanks to their low fees. And small-cap ETFs are actually beating their indices. This is especially true in the small-cap space, where certain ETFs have no fees. How so? Well, short-sellers are flocking to […]

The Donald Trump Stock Market

The Donald Trump Stock Market

The Donald Trump Stock Market In early 2009, if you bought biotech stocks, you would have made over 400% when the sector peaked in 2015. What was going on in early 2009 that would have clued you in that biotech […]

They Can’t Help You

They Can’t Help You

  Picture Credit: DonkeyHotey Before I start this evening, I want to add one follow-up to last night’s piece on Berkshire Hathaway. My summary was that it wasn’t a great year, and the profit margins are likely to shrink in […]

Social Security

No Security in Social Security

Protect the future of Social Security. According to voters, this is the top issue facing presidential candidates. In fact, a recent AP poll showed that 85% of Americans think Social Security should be “extremely” or “very important” for the next […]

Invest Like University Endowments

Invest Like University Endowments

Invest Like University Endowments   Drew F Knowles Berkeley Square Capital Management, LLC March 1, 2016 Abstract: This paper studies the investment returns and asset allocation policies of college and university endowments who share annual performance and asset allocation data […]

Understanding Modern Portfolio Construction

Understanding Modern Portfolio Construction

Understanding Modern Portfolio Construction Cullen O. Roche Orcam Financial Group February 22, 2016 Abstract: Over the last 75 years there have been great strides in modern finance, portfolio theory and asset allocation strategies. Despite this progress the process of portfolio […]