So thousands of published blog posts debating active versus passive and it turns out nobody was right (okay, maybe someone was right). That’s the latest from Michael Mauboussin’s “Looking for Easy Games”, on how the balance between active and passive impact each other. It’s your must read this week.

Mauboussin digs through the giant shift from active funds to passive funds over the past decade, its effect on markets, and, most important, how an investor subscribing to one (or the other) may benefit from an imbalance between the two. Continue Reading…

Emerging markets have been cheap for a while now. Many people (including me) have pointed this out the past few years and not much has changed. My proclivity toward cheapness means I adjust my allocation towards it – moving some US to EM – and away from expensive equity assets based on valuation. That was three years ago.

This is the hard part of investing. Continue Reading…

Did you know you can download notes and highlights from your Kindle reader? Apparently, that’s been a thing for awhile and I’m just learning it now after reading a tweetstorm about reading (a quick must read, btw).

I wish I would have known this a few years ago when I started typing out all my notes, highlights, and thoughts by hand. I’ll read a physical book over an e-book any day, but the ability to copy and paste notes might be enough to change my process. I just wish Amazon broke the highlights down by chapters. Anyways, here’s a good guide on how to do it. Continue Reading…