Investing Research Articles

How can long-term investors maximize their edge of strategic patience? In their November 2011 paper entitled “Investing for the Long Run”, Andrew Ang and Knut Kjaer offer advice on successful long-term investing (such as by pension funds).  They define a long-term investor as one having no material short-term liabilities or liquidity demands. Using the California Public Employee’s Retirement System and other large institutions as examples,… Keep Reading

…the extraordinary performance claimed by IntelligentValue for the Retracement-Value portfolio is likely due to a combination of early good luck and a favorable assumption about trade prices. Investors/traders considering such active trading services should carefully evaluate their trading costs/frictions.

We evaluate here Tobin Smith’s weekly “WaveWire” commentary at ChangeWave.com since May 2000. Tobin Smith is founder and editor of ChangeWave Investing and author of related books, with a presence on radio and television. ChangeWave Investing is a service of ChangeWave Research, which “provides real world, real-time data and insight into the future performance of… Keep Reading