Tag: Guides

By Katrina.Tuliao (https://www.tradergroup.org) [CC BY 2.0], via Wikimedia Commons

Why European High-Yield ETFs Don't Deliver

There’s value and opportunity in European high-yield bonds today. But if you’re considering using an exchange-traded fund (ETF) to tap into the market, you may want to think again. The reason is simple: Europe’s largest high-yield ETF has consistently underperformed […]

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Advanced Investments Part 1

Dr. Steve L. Slezak is Associate Professor of Finance at the University of Cincinnati and Director of the university’s Carl H. Lindner III Center for Insurance and Risk Management. He earned his Ph.D. in Economics from the University of California, […]

Dorsey: Three Sources of Alpha

Dorsey: Three Sources of Alpha

I came across this old Morningstar interview featuring Pat Dorsey of Sanibel Captiva Trust. He discussed the three sources of alpha, as outlined by Russell Fuller in Behavioral Finance and the Sources of Alpha [pdf]. The first two sources of alpha: […]

Steve J. Martin  “The Small Big” | Talks at Google

Steve J. Martin “The Small Big” | Talks at Google

Steve J. Martin: “The Small Big” | Talks at Google Published on Oct 29, 2014 At some point today you’ll probably need to persuade someone—your boss, a co-worker, a customer, your spouse, or even your kids. In our time-challenged modern […]

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Shiller’s Record at Short-Term-Timing Predictions Is Poor

Valuation-Informed Indexing #218 by Rob Bennett Last week’s column examined public statements in which Yale Economics Professor Robert Shiller showed that he believes in short-term timing. I wish he didn’t. Shiller’s breakthrough finding was showing the critical distinction between short-term […]

Olesen Value Fund

Olesen Value Fund

Dear Partners: In the third quarter, Olesen Value Fund generated a return of 1.7%. The following table shows our historical returns after fees alongside those of global equity markets since the fund’s inception. Olesen Value Fund: Portfolio Updates Started Buying Small, […]