Blog
The double-edged sword of investing and social networks: consensus trading
Back when investing was more of a closed ol’ boys network, there wasn’t a ton of original research going on. When one person got a good idea — or rather, they got good information from a company or analyst — it spread around via brokers to their client circles. What emerged was a consensus trade … Continue Reading
Betterment vs. Wealthfront, per their CEOs
There’s a very interesting conversation happening over on Quora about the merits of the two online investing services: Betterment and Wealthfront. What makes it even more compelling is that it’s being held between the CEOs of the two firms, Jon Stein and Andy Rachleff, respectively. Betterment’s argument Stein (Betterment) used the following framework to describe … Continue Reading
Using Google to forecast a stock’s reaction to earnings reports – with Darren Roulstone
Smart investors are looking at various data sets to help give them an edge with their investing. Some of this information is financial in nature — much of it isn’t. Professor Darren Roulstone has studied how investors are using Google to search out financial information and what search volume may say about future stock prices.
Helping advisors, clients monitor investments smarter – with John Prendergast
For various reasons, investors have hard a hard time making sense of how well they’ve performed. Brokerage statements are broken and without the right tools to measure performance, investors (and their advisors) have suffered. Until blueleaf came along. Founded by John Prendergast, this week’s guest on Tradestreaming Radio, the firm provides client reporting and portfolio … Continue Reading
We are all Greece
I have this recurring nightmare. Actually, I’ve got a lot of frequent bad dreams but this one’s particularly chilling. Things were O.K. at work. I was growing my responsibilities, my authority. I was getting promoted quickly. I was making money. So, like a financial optimist, I bet on the future and started borrowing. It started … Continue Reading
How Michelle Obama added $5B in market cap to apparel stocks – with David Yermack
David Yermack, a professor at NYU’s Stern School of Business, studied the first lady’s impact on apparel stocks for companies associated with outfits she wore. The results are impressive: she added over $5B in equity value to those firms in aggregate and stocks typically went up almost 2% in the week following her appearance. What … Continue Reading
