Investing is the act of allocating resources in a project with the expectation of generating a positive return. I am strongly inspired by the Parable of the Talents and the desire to optimize my assets allocation by “giving every dollar a job”. Enjoy the reading, Sweat Your Assets.
INVESTING
Why the Stock Market is NOT the Economy
Holding a long-term well-diversified investment strategy implies navigating financial markets during their ups (bull market) and downs (bear market). This strategy requires a firm understanding that in the short timeframe (less than 5 years), markets are irrational...
A Skeptical look at ESG Investing – updated
According to its CEO Larry Fink, BlackRock, the world's largest investment firm, will put sustainability at the centre of its investment strategy from now on. Talks and attention about Sustainable Investing/ESG Investing are positively growing worldwide. This should...
Tariq Fancy essay: the Secret Diary of a Sustainable Investor
I discovered the essay of Tariq Fancy while reading and commenting Aswath Damodaran latest analysis on ESG investing (The ESG MOvement: The "Goodness" Gravy Train Rolls On!). Tariq rich - 40 pages long - essay is truly worth reading if you are interested in Investing,...
William F. Sharpe. The man who explained it all
Bill Sharpe's pioneering theory on the interplay between investment risk and return won him a Nobel Prize. Now he wants to help you use his work to make better financial decisions. Interview by Jason Zweig, Money Magazine, July 2007. Once you win a Nobel for...
Jack Bogle: Still scolding after all these years
Saint Jack (Jack Bogle) shared timeless financial and life's wisdom in this interview with Money Magazine columnist Jason Zweig back in 2007. When Jack Bogle, founder of the Vanguard group of mutual funds, says that he has just reached his 11th birthday, he is only...
The best investment advice you will NEVER get, by Mark Dowie
In this article, Mark Dowie tells how Google staff received top investment advice back in 2004 (before Google IPO), what they learned and why it is difficult for the average retail investor to access sound financial recommendations. Enjoy the reading! ...
The four investing principles, by William J. Ruane (Sequoia fund)
In a rare interview with the late W.J. Ruane, financial author William Green learned about his four guiding principles of investing. Ruane acknowledged having learned these simple rules from Albert Hettinger in the late 50'. 1) "Do not borrow money to buy stock (don't...
Historical returns of different Asset Classes (2008-2020)
Investors can choose from a wide variety of investments. In the design of the right Investment Portfolio, it is important to know and understand the past performance of each asset class. This charts provides some references. This analysis includes assets of various...
What the investment industry does not want you to know, by William J. Bernstein
If you want to know the biggest determinant of your future investment returns, I would suggest you look at your asset allocation. If you are looking for a powerful and witty introduction to the subject, makes sure to read these notes on Portfolio Theory by William J....