HAHN Investment Stewards
Tyler Mordy, co-CIO of HAHN Investment Stewards sees a philosophical change underway at the European Central Bank, and a weaker euro directly ahead. more…
Are funds that use socially-responsible investing (SRI) criteria doomed to poor performance? In a word, no. As always, performance and risk data tell the tale, so I did some research, comparing SRI and non-SRI funds to see if there’s any merit to the stigma attached to SRI funds’ performance. The results are surprising.
Quick – how did your portfolio perform last year? Is that good or bad? While it might be great to see that your portfolio gained 20%, how do you know if that is really what it should have been? The answer is to measure your portfolio against an appropriate benchmark.
Despite powerful new initiatives by policymakers and central banks, the world’s economy remains riven by problems and a continuing slow expansion. Even in an era where there are more central banks than ever before; which as a group are more unified in their theories than ever, the fruits of their interventions have been more disappointing than ever before. If central banks and the world’s leading policymakers are in a state of befuddlement, lost in unfamiliar terrain with an old map and a broken compass, then what are investors, savers, and money managers to conclude? Maybe it’s time to sight in a new compass.
Value investing’s good reputation owes a great deal to Warren Buffett, but he and other successful investors owe their success to much more than just one relatively narrow approach to the market. Last time, I pointed out that learning what not to do can be the hardest and costliest part of an investor’s education. I focused on how this applies to technical analysis – the practice of trying to base investment decisions on past trading and market history. I want to expand on what I said, since the idea applies to a wide range of narrow approaches to investing, including the almost sacrosanct principle of value investing.
Q – We have a young family, and we’ve recently been shopping for life insurance. The salesman we spoke with suggested we look at something called universal life insurance, which he said had a long-term investment aspect to it. But I didn’t think life insurance was a good investment. Can you explain? – Frank T., Ajax, Ontario
