In the past, I’ve talked about Robert Shiller’s book Narrative Economics. Shiller argues that stories can be a powerful force in moving markets—more so even than facts or data. Recently, I gained a better understanding of why that’s the case. I was speaking with a fellow who, it seemed, I [...]
Time for a change
Each year, the investment consulting firm Callan publishes an illustration called the periodic table of investment returns. It illustrates the performance of key asset classes on a year-by-year basis. That information is widely available, but Callan’s periodic table is unique: Each asset class is [...]
The four horsemen of financial success
A few weeks back, I discussed the notion of “the four horsemen of the investor apocalypse.” A concept proposed by former Morningstar CEO Don Phillips, these are factors that, in his experience, tend to lead investors off course. But what about success—what are the factors that contribute to success [...]
The Taylor rule
If you’ve tried to buy a car or a home recently—or have even just been to the grocery store—I’m sure you’re aware how much prices have jumped over the past year. John Taylor certainly has an opinion on the topic. Taylor is a professor at Stanford University. While not a household name, he’s a [...]
Phillips’s four horsemen
Don Phillips is a former CEO of the research firm Morningstar. In a recent commentary, Phillips discussed what he called the “four horsemen of the investor apocalypse.” I hasten to add that Phillips isn’t predicting any kind of apocalypse. Rather, he wanted to highlight factors that can cause [...]
- « Previous Page
- 1
- …
- 18
- 19
- 20
- 21
- 22
- …
- 75
- Next Page »