Results for 'esg'
Investors tend to forget their mistakes
By JOACHIM KLEMENT One of the most common experiences every advisor and professional investor makes is that people readily remember their best investments but have a hard time remembering their worst investments. And admittedly, remembering the duds you invested in and that cost you a fortune is painful. But as every experienced investor […]
Sin prisa pero sin pausa
La historia de la evolución del precio de la acción de Tesla es extraordinaria. La acción ha subido más de un 500% en 12 meses. Las acciones de la compañía de Elon Musk estuvieron cotizano cerca de 230 USD a finales de Julio el año pasado, ahora están la zona de los 1450 […]
Another sign that market efficiency is increasing?
By JOACHIM KLEMENT Much to the chagrin of value and contrarian investors everywhere, markets in the Western world have increasingly been dominated by momentum effect. It seems sometimes as if momentum investing is the only way to beat the market these days. One of the culprits that has often been blamed for this […]
Always confident but often wrong
By JOACHIM KLEMENT Note: This post is the result of a conversation I had with Preston McSwain. We found it so interesting that we decided to work on a post together. We hope you enjoy it. “If you are a smart and experienced investor you know there it always a ‘but’ somewhere.” — Joachim […]
The new future shock
It’s now half a century since the American writer Alvin Toffler released the best-seller Future Shock, about what happens to societies overwhelmed by rapid change. While not claiming to be prophesy, Toffler’s book still resonates 50 years on. “Change is avalanching upon our heads and most people are grotesquely unprepared to cope with […]
How hard is it to find the next Amazon?
By JOACHIM KLEMENT I recently wrote about the research of Henrik Bessembinder, who investigates the extreme outliers in the US stock market, i.e. the 200 best and worst stocks by 10-year performance. Obviously, we all would love to find the next Amazon before it becomes the next Amazon, but we all know that […]
Don’t aim too high
Something we observe again and again is that the rules that usually apply in middle-class society simply don’t work in investing. Try hard? You’d be better off not trying at all. Be smarter than the rest? Actually, acknowledging how ignorant you are would stand you in better stead. What about aiming high? Well, it […]
The problem with themes like robotics
Pick up any investment magazine, and chances are there’ll be at least one article about a popular investment theme and how you might be able to profit from it. Themes such as healthcare, robotics and green technology are especially popular at the moment. As Morningstar’s ALEX BRYAN explains, so-called thematic funds often come with […]
