Interest in our High Yield Dow (HYD) strategy has spiked recently. While we are not surprised, we are somewhat apprehensive as we suspect this enthusiasm might be driven by HYD’s strong hypothetical performance of late (see page 38). While there are good and bad times to begin investing, these moments are obvious only in retrospect. […]
May 2016 – About the High Yield Dow Strategy Read More »
Trivia Question: Between 1970 and 2015 the U.S. stock market provided a hypothetical annualized return of 10.2%. During the same period the MSCI developed-market index, which includes 26 countries including the U.S., returned 9.5%. Over this span, in how many calendar years was the U.S. stock market the top annual performer among all countries in
April 2016 – Investing Globally Read More »
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