IN THIS ISSUE

1. Traditional active management is not performing

2. Insuring Vacuums, Blackjacks, Life, and Volatility

3. The proverbial, um, hamster?

4. Inflows

ONE MORE THING...

High allocation to equities - Insider trading should remain illegal, especially for Congress - There’s always reason for concern - Maybe I’ll dress up as Investing for Halloween - What The Rolling Stones can teach us all about investing

IN THIS ISSUE

1. The September Effect

2. Monte Carlo confidence

3. He who controls the inputs

4. Virtual reality

5. Sore-os

ONE MORE THING...

Shhhhhh-orting - A new normal, P/E edition - ”Natural sellers” vs “Short sellers”

IN THIS ISSUE

1. Conflicting advice on inflation

2. Got junk?

3. Loss Aversion is Costly

4. Warren Buffett’s “Mistake”

ONE MORE THING...

If you can’t beat ‘em, join ‘em - Reality sets in for AMC - The prescient Jack Bogle

IN THIS ISSUE

1. Inflation Inflation Inflation

2. Conflicting Advice

3. When “good performance” still underperforms

ONE MORE THING...

What is value, anyway? - Sorry, not even Congress can stop technology

IN THIS ISSUE

1. High-Quality Shareholders

2. The Four Ds

ONE MORE THING...

When bad news is good news - Robin Hood vs Buffett - Short interest in SPY is spiking - Inflation is rising

IN THIS ISSUE

1. Which doctor will you choose?

2. Behind those record inflows

3. Arche-gone

4. Shorting Shorting

ONE MORE THING...

Plenty of optimism about this economy - YES!!!!!!!!! GameStop plays to win - “Really below industry standard” - If you’re feeling risk-averse, take up chess

IN THIS ISSUE

1. 17,715%

2. Luck or Skill?

3. An Entertaining Disclaimer

ONE MORE THING...

Solid historical and fundamental analysis from Ray Dalio - $30 billion of firepower, now that can move markets

IN THIS ISSUE

1. Degree of Difficulty

2. A stock picker’s market?

3. Then what about ETF-picking?

4. Quick Hits: GameStop

5. Fortune Tellers, Part II

ONE MORE THING...

“But larger funds lag” - The questionable hindsight of backtesting - If you can’t beat ‘em, join ‘em - Better for markets: Chiefs or Buccaneers?

IN THIS ISSUE

1. GameSkill

2. Losing their shorts

3. Game Theory of GameStop

4. IsTheSqueezeSquoze

5. When you are losing to indexing…

6. A good problem to have

ONE MORE THING...

When the “smart guys” aren’t so smart - “If Goldman Sachs were doing this, it would be called ‘arbitrage’ ” - GameStop, explained in a way that even a 5 year old can understand - Please, please, please, ignore this article - 57 Percent

IN THIS ISSUE

1. Fortune Tellers

2. Stock Picking Hindsight is 20-20

3. Robinhood Gamification

ONE MORE THING...

Money flows vs Market concentration - Hedge funds vs Indexing - Market Lingo translations - Double-Digit Gains in 2020! (they still underperformed)

IN THIS ISSUE

1. Cramer: “Bonds are now riskier than stocks”

2. Concentration - Watch This Space

3. We have a vaccine

4. All polls are wrong, but some are useful

ONE MORE THING...

What Sharks Can Teach Us About Survivorship Bias - A scathing behavioral interpretation of America’s poor pandemic response, from the one-and-only Annie Duke - Christmas in November?

IN THIS ISSUE

1. Wall Street vs Main Street

2. What Election?

3. Political Parlor Games

4. Innumeracy

ONE MORE THING...

The Circle of Life - How is any of this actionable? - Stock splits, mathematically, are non-events. But… - Persistence

IN THIS ISSUE

1. Jumping off roller coasters

2. What Election?

ONE MORE THING...

Financial advisors might want to get their Doctorate of Psychology - What can Wile E. Coyote teach us about investing? - This should be self-evident, but isn’t. - When does dumb money become smart money?

IN THIS ISSUE

1. What card counting can teach us about beating benchmarks

2. Double or Nothing

ONE MORE THING...

Yes, Sam Dogen - No, Sam Dogen - “Leaving the party too early can cost you as much as leaving too late” - Cash is King. Until it’s not.

IN THIS ISSUE

1. Take a Risk

ONE MORE THING...

Hidden risk, or diversification at work? - The hottest hedge fund strategy faces an existential crisis - Tough Times - And the #1 stock fund manager is… - Demise of the 60/40 Portfolio