Michael Zhuang Review of "The Value Premium and the CAPM" by Fama and French It is common wisdom that higher risks equal higher rewards. Indeed in the world of finance and investment, "higher risks equal higher rewards"...
Investments: September 2008 Archives
Michael D. Cohn Atlantis Asset Management Synopsis In order to manage risk, merely diversifying into investments and asset classes defined as non-correlated is not sufficient as an asset protection strategy. For investors and fiduciaries seeking to add...
Never Spend Principal? Alice S. Paik and Edward K. Dunn, III Brown Investment Advisory and Trust Company, Washington, D.C. Never spend principal. Perhaps no other precept of investing has been passed from generation to generation so solemnly, and...
Henry K. Hebeler www.analyzenow.com No one can predict the future, but you can't tell that from most planning forecasts. We don't know how long we are going to live, what surprise events will develop, nor what is...
Kenneth R. Solow By training and by inclination, financial planners typically construct portfolios under the illusion of certainty. The most popular investment strategy for professional investors, strategic asset allocation ("SAA"), assumes that financial markets are efficient and...
Continue reading "Decision Making Under Conditions of Uncertainty"
Edward A. Moses, Ph.D., J. Clay Singleton, Ph.D., and Stewart A. Marshall III, Esq. Authors' Note: Modern Portfolio Theory has become a customary tool used by investment professionals and, as such, constitutes an industry standard that investment...
Mary Ann Best Bernstein Global Wealth Management Most investment professionals think investors should allocate a portion of their portfolios to international stocks so they can fully participate in the best investing opportunities around the globe--and reap some...
Continue reading "Using the Power of Currency to Add Return"
Newell W. Anderson Jr. RBC Dain Rauscher, Philadelphia PA Building a financial plan tailored to your current situation is essential, but as many financial professionals will tell you, it's equally important to factor in the future. As...
Continue reading "Planning Your Finances During All Stages of Life"
by Martin M. Shenkman, CPA, JD, MBA and Richard L. Harris, CLU, AEP Introduction to Split-Dollar A Split-dollar arrangement is a way of funding the purchase of life insurance between two parties. It is not an insurance policy....
Edward A. Moses, Ph.D., J. Clay Singleton, Ph.D., and Stewart A. Marshall III, Esq. Authors' Note Modern Portfolio Theory has become a customary tool used by investment professionals and, as such, constitutes an industry standard that investment decision...
Patrick J. Collins, Ph.D., CLU, CFA and Josh Stampfli, MS (EESOR) Abstract Trust beneficiaries are best served when trustees select investment portfolio management approaches that enhance (1) the probability of achieving settlor objectives; and (2) beneficiary utility. Investors and...