Objective research to aid investing decisions

Value Investing Strategy (Strategy Overview)

Allocations for April 2024 (Final)
Cash TLT LQD SPY

Momentum Investing Strategy (Strategy Overview)

Allocations for April 2024 (Final)
1st ETF 2nd ETF 3rd ETF

Individual Investing

What does it take for an individual investor to survive and thrive while swimming with the institutional and hedge fund sharks in financial market waters? Is it better to be a slow-moving, unobtrusive bottom-feeder or a nimble remora sharing a shark’s meal? These blog entries cover success and failure factors for individual investors.

Disagree with Me? Idiot! Liar! Basher! Pumper!

Thinking about stock message boards… Keep Reading

Feeling Pushed Around? Are Your $ in Jeopardy?

In case the market’s got you down… Keep Reading

Returns for Investors (Rather Than Markets)

In his June 2004 paper on “What Are Stock Investors’ Actual Historical Returns”, Ilia Dichev examines stock market capital inflows and outflows to determine how well investors really perform compared to buy-and-hold returns. He concludes that: Keep Reading

The Lure of Trading?

Is frequent trading an essential aspect of portfolio outperformance? In their April 2000 paper entitled “Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors”, Brad Barber and Terrance Odean examine the trading behavior and returns of retail investors. Using data for 66,465 households at a large discount brokerage firm during 1991-1996, they find that: Keep Reading

Do Day Traders Make Money?

Could we make a bundle day trading? In their May 2004 paper entitled “Do Individual Day Traders Make Money? Evidence from Taiwan”, Brad Barber, Yi-Tsung Lee, Yu-Jane Liu and Terrance Odean assess the success of day traders in the Taiwan stock market. Using detailed individual trading records, they find that: Keep Reading

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