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Introducing our new portfolio review service for professionals
The vast majority of pensions funds, charities, endowments and other institutional portfolios have underperformed the market for decades. The way to stop the rot is to have an independent portfolio review, reduce fees and complexity, and increase diversification. From today, that’s precisely what TEBI is offering. As anyone who’s read The...
A red tide of SPAC returns
By LARRY SWEDROE My May 7, 2021, Evidence-Based Investor article, Spac or Spam?, warned investors about investing in special-purpose acquisition companies (SPACs), presenting evidence demonstrating that SPACs were highly likely to be losing propositions to their shareholders due to the...
Arif Naqvi: fraudster or philanthropist?
Is Arif Naqvi an amoral conman who managed to defraud the world’s financial and corporate elite, or a well-meaning, if naïve, philanthropist who got caught in the middle of geopolitical rivals? Two new books attempt to shade light on the controversy....
Is Australia’s affordable advice dream fading?
Assurances by ASIC, Australia’s financial regulator, that it’s seeking to make financial advice more accessible and affordable for ordinary Australians are being undermined by increasing regulatory costs, the country’s advice sector claims. The Australian Securities and Investments Commission in July published...
Book-to-market: Is its explanatory power declining?
Traditionally, a company’s value is based on what’s known as the book-to-market ratio — or else the inverse, market-to-book. A company’s book value is calculated by subtracting the value of a company’s liabilities from the value of the assets on its...
Why young investors should embrace EBI
By YARIV HAIM The last 18 months have been something of a white-knuckle ride for many long-term investors. But for young investors — particularly those in their 20s and 30s — the opportunity to generate large returns by leveraging extreme...
Which country will outperform next is irrelevant
We often read in the financial pages that such-and-such a country is due for a good run, or that another country is heading for a spell in the doldrums. But does it make sense to tweak your portfolio periodically, depending on...
