Every now and again I tend to review the relative performance of markets to get a sense of what is happening. I also do it to make certain I have not missed something that is glaringly obvious. Such a task is more of an overview hobby because in the world of relative performance not everything…
This Friday we have Kora Reddy of asxiq dropping by as a guest contributer, who for the next three weeks will be going through some of the intricacies of back testing. Why Backtest a strategy? Quick answers to the question: to determine whether a theory or hypothetical construct is valid in historical testing to summarize…
The clever folks at asxiq have produce an app for the iPhone that gives dividend information for ASX shares. Dvdnd IQ lets you track all the important upcoming dividend dates (ex-dividend, record, payable, etc.) of all the ASX listed shares in easily scroll-able calendar format. Dvdnd IQ includes details for each ASX listed share, information such as last traded…
I have been seeing a few articles pop up about how bearish Wall Street is about the current rally. The chart below courtesy of Merrill Lynch has been popping up for the past few months. Apparently it is telling me that analysts have not been this bearish for about 30 years. To be honest I…
I have always been surprised at the claims by stock analyst/fundamental analysts that they are intimately familiar with the workings of a given organisation and that this familiarity somehow translates into a perception of where price is going. Within the world of the corporate buyout the analyst is king and has enormous resources at their…
This is quite an interesting video from a group known as Sensibleinvesting.tv. I do agree with its overall thrust – fund managers of all ilks do a rubbish job for the extraordinary amount of money they rip off investors. They do such an ordinary job because they cling to ideas that simply no longer have…
The key point for me is the statement – skewed unfairly. This is the crux of the argument, over the past generation it seems as if there has been a concerted attempted to skew the playing field to benefit the uber wealthy whilst disadvantaging everyone else. Systems will also show inequality, this is simply the…
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