Sports betting wouldn’t be what it is today without an innovation by Charles K. McNeil. McNeil’s strong analytical ability enabled him to earn a living as a professional gambler, or “sharp.” His innovation was the “point spread.”
Wall Street analysts are notorious for their short-term attention spans. This leads to undue scrutiny of a company’s quarterly figures and can lead to poor decisions by investors.
Value investing can look foolish short term, but usually pays off long term.
The number of traded stocks has been shrinking, but as both the economy and stock market continue to recover, private equity firms will seek to list their holdings as IPOs and the number of publicly traded stocks may once again expand.
We’re old school investment managers and think having the objective of underperforming the market by a little bit is the very definition of mediocrity. We reject the notion it’s foolish to even try to outperform.
Since last year, there have been several personnel changes in key financial and regulatory positions in the federal government.
At some point, you’re likely to face a competitor with vastly superior size, strength and resources. You’re the underdog, but if you’re willing to wage an unconventional battle, outwork your opponent and don’t fear social disapproval, victory can be yours.
The stock market has a remarkably perceptive ability to see past inconsequential issues that sometimes dominate the investment environment and instead peer ahead into the future.
Do you think the Indianapolis Colts will play in Super Bowl XLVIII on Feb. 2? Would you love to join them, but don’t want to shell out thousands of dollars and multiples of face value on StubHub? You can purchase an option granting you the right to purchase a ticket to the Super Bowl at face value, if the Colts qualify.
The recent white paper issued by investment firm GMO’s James Montier ridicules some of the “innovations” that are popular in the investment field. His criticism addresses concepts like smart beta, risk parity, and real asset inflation hedges.
Mutual funds must conform to U.S. tax law to maintain their status, making this a tricky time of year for fund investors holding their shares in taxable accounts (i.e., not in 401(k) or IRA accounts).
Many observers are raising warning flags that stocks are overvalued, and some even say a market bubble is forming. A review of the evidence, in our opinion, doesn’t support their alarm.
Having a small “play money” portfolio can help fulfill your fantasy of making a quick killing without endangering your retirement funds.
Heated talks are taking place in public-pension boardrooms across the country over issues like risk levels of investments and fees paid to fund managers.
An Indiana CollegeChoice 529 plan account is a gift that will last a lifetime, and, if you’re an Indiana resident, the state will pick up 20 percent of the cost.
There are two key financial tables that can help you plan for retirement. They can be found on the Internet. With them you can input two simple factors—period invested and interest rate earned—and quickly see how your net worth is affected.
Successful people’s paths are often littered with failures. It isn’t that they are immune to failure; it is how they react to and apply the lessons learned from their failures that ultimately leads to their success.
On occasion, it is interesting to study the stocks of businesses that are outliers on the bell curve of business valuation. For a value investor, that means looking at stocks selling at huge multiples above traditional valuation yardsticks.
The primary impact of confidence on the economy is simple. If people think the economic future will be good, they’ll spend and invest. Thus, things will be good.
The Securities and Exchange Commission has proposed a rule that would require large public companies to disclose the total annual compensation of their CEO, the median annual compensation of all their employees (excluding the CEO), and the ratio between these two figures.
