Insights
Home bias plus passive investment equals distorted markets
NBR Articles, Published 20th February 2024
Advocates of passive investing will generally claim that the combined impact of passive investors on the relative market pricing of different equities is minimal.
Read MoreParadoxes & pitfalls of measuring average returns
NBR Articles, Published 16th January 2024
Over the past 6 calendar years, the arithmetic average annual return from bitcoin has been 78. 9% when measured in US dollars.
Read MoreNoise or trend? Or seasonal effect?
NBR Articles, Published 21st November 2023
At a certain level, a lot of equity analysis is about predicting whether a squiggly line on a graph will move up or down in the future.
Read MoreHigher bond yields are a challenge for US equity valuations: Identifying the biggest losers
NBR Articles, Published 10th October 2023
US long-term bond yields have risen about 1.4 percentage points in the last 6 months.
Read MoreWhat drives margins?
NBR Articles, Published 12th September 2023
When considering a company's long-term profits, we often focus on sales changes and assume profitability follows suit.
Read MoreForecasting long-run returns from the US share market
NBR Articles, Published 15th August 2023
Every day, a reader of market commentary and broker research will come across numerous views on how the share market is likely to perform for investors over time.
Read MoreRisk in Retirement
NBR Articles, Published 4th July 2023
Last week, I read an article in Stuff discussing whether $1 million was a sufficient pool of savings to provide for someone’s retirement.
Read MoreGenerative AI: A few bad guesses
NBR Articles, Published 30th May 2023
You might like to guess whether or not ChatGPT wrote this article.
Read MoreHow much Diversification?
NBR Articles, Published 25th April 2023
How diversified should an investment portfolio be?
Read MoreAmerica’s Zombie Banks
NBR Articles, Published 28th March 2023
Many reports on the recent collapses of Silicon Valley Bank, Signature Bank of New York, and Credit Suisse have attributed these collapses mainly to sudden withdrawals of funds by depositors.
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