Showing posts with label market efficiency. Show all posts
Showing posts with label market efficiency. Show all posts

Active vs. Passive in Global Investing | Financial Planning


Active vs. Passive in Global Investing | Financial Planning:


"The S&P Report, called the SPIVA U.S. Scorecard, which also evaluated the performance of active vs. passive management for domestic funds and for bonds, found that in the international sphere over the past year 70% of global equity funds, 75% of international equity funds, 81% of international small-cap funds and 65% of emerging

Biggest pension shunning hedge funds a green light for liquid alts


Biggest pension shunning hedge funds a green light for liquid alts:




"The California Public Employees' Retirement System, commonly known as Calpers, announced Monday it is eliminating its $4 billion exposure to hedge funds for reasons largely related to high fees."

In a related article on Main St, Hal Bundrick writes:



"“We are always examining the portfolio to ensure that we are

Asset Price Bubbles: A Survey by Anna Scherbina, Bernd Schlusche :: SSRN

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Asset Price Bubbles: A Survey by Anna Scherbina, Bernd Schlusche :: SSRN

In class next week we will be talking about bubbles. No not this one, nor even this one, but financial bubbles. Financial bubbles have a long history going back decades. A few examples: the famous Dutch Tulip Bubble, the South Sea Bubble (1720)--BTW WATCH THIS short video on it, VERY GOOD!),the late