What do you desire? What makes you itch? What sort of situation would you like?….What would you like to do if money were no object? How would you really enjoy spending your life?” – Alan Watts There is an existential angst that plagues our generation. I was speaking to a friend today and he […]
The core principle of an evidence-based approach is that risk and return are related. The remaining principles of the evidence based approach flow from this core principle. In the fourth installment of our series on Evidence-Based Investing we presented some of the evidence which demonstrates that asset allocation should be based on risk tolerance and disciplined rebalancing. […]
The core principle of an evidence-based approach is that risk and return are related. The remaining principles of the evidence based approach flow from this core principle. In the third installment of our series on Evidence-Based Investing we presented some of the evidence which demonstrates that investors should diversify their investment holdings. In this fourth installment we focus […]
The core principle of an evidence-based approach is that risk and return are related. The remaining principles of the evidence based approach flow from this core principle. In the second installment in our series on Evidence-Based Investing we presented some of the evidence which demonstrates that a buy and hold “passive” investment strategy will outperform […]
The core principle of an evidence-based approach is that risk and return are related. The remaining principles of the evidence based approach flow from this core principle. In this second installment in our series on Evidence-Based Investing we present some of the evidence which demonstrates that over time a buy and hold “passive” investment strategy will outperform an “active” strategy […]
Recently we published a piece titled Why do many reasonable people doubt the science of investing? inspired by the lead article in the March 2015 issue of National Geographic. Over the next few days we will introduce some of the evidence that drives our conviction to follow a disciplined and evidence-based approach that is aligned with […]
Structural issues in the financial advice industry in Canada may be responsible for certain adverse outcomes for clients but the path to progress presents a bit of a conundrum. At the end of February the Ombudsman for Banking Services and Investments (OBSI) released its 2014 Annual Report – we paged through to the section where the […]
The lead article in the current issue of National Geographic, “Why Do Many Reasonable People Doubt Science?” is worth a read for those bewildered why more people haven’t embraced the science of investing. Many investors still seem willing to pay high fees for professionals to try to beat the stock market when the evidence demonstrates that investment returns are driven by risk […]
One of the core principles of Chalten’s Evidence Based Approach is that investors should not pay a professional money manager to beat the market by picking stocks or trying to time the market’s ups and downs. Over the long run, it doesn’t work. The investment returns you can expect to receive should depend only on how much and what […]
In July, 2014, Vanguard Canada published a report titled Global equities: Balancing home bias and diversification – A Canadian investor’s perspective. Using data from the IMF, Vanguard showed that Canadians on average allocate almost 60% of their equity holdings to Canadian stocks, a significant overweight considering that Canadian stocks represent less than 4% of the global […]