Two to three times more would be perfect.
We will be less wrong
People who are rich just can’t accept that fact. If you’re rich, you can buy a lot of things, but on average you can’t buy above-average performance.
The most successful active funds over the long term weren’t persistent
Expectation and reality diverge quite often
Investors tend to believe that not only is their home country a safer place to invest, but it will produce higher returns
Through the end of 2017, Kynikos has a net annualized gain of 28.6 percent since launch in October 1985, more than double the S&P 500
If the one constant in the stock market over the years has been losses, the one constant in the high-quality bond market has been slow and steady gains
Are investors being fairly compensated for the increased volatility to own bonds vs cash
Personal data is the oil of the 21st century
We can’t sing
Warren Buffett is the greatest short vol trader ever
No one can examine the panorama of business and finance in America during the past half-dozen years without realizing that we are living in a new era.