March 1, 2017

Green Book

My favorite read each month is the Green Book from Leuthold.  They let me send out a free issue since Doug was on the podcast this week (worth a listen as well). Chart then download: —- —- Link to Download Green book  […]
February 26, 2017

#1 Read of the Year (Slide Deck)

Not sure if Credit Suisse will publish their full edition of the GIRY online or not (my #1 read of the year).  But it looks like lots of ideas are included in this slide pack, so enjoy!! Chart then download: […]
February 21, 2017

#1 Read of the Year

Ok it looks like Credit Suisse published the summary edition of the GIRY (my #1 read of the year) first.  If you find the full edition online before I do let me know…and if you’ve never read it, go and […]
February 17, 2017

Expected Returns

Nice piece from AQR on how they construct their capital market expected returns. Chart then download: —- —- Downloads Capital Market Assumptions for Major Asset Classes Website
February 15, 2017


Some nice free resources from the CFA.  I’ve included a couple fun PDF downloads as well as a link to FAJ (last year free now). Chart then downloads: —- —- Downloads Financial Market History The Industrial Organization of the Global […]
February 12, 2017

Factors are not Commodities

This is from a new-ish writer and now blogger on the OSAM team.  He’s been cranking out some great research.  Below on thinking about factors… Chart then download: —- —- Downloads Factors are not Commodities Website
February 9, 2017

A Smoother Path to Outperformance with Multi-Factor Smart Beta Investing

I promise I don’t just auto email out work from Research Affiliates…they just have been cranking out some great work lately, and they always have great graphics. Chart then download: —- —- Downloads A Smoother Path to Outperformance with Multi-Factor […]
February 8, 2017

Scary Charts

I’ve seen the first chart various places (NDR, etc) and it details the median price/sales for the S&P 500 members.  You can argue perhaps why it is this way, but you can’t argue that it is at an all time […]
January 30, 2017

Man Jewelry and Felons

Really fun from the Stansberry conference I spoke at last fall with Carlo Cannell.  We also featured Carlo in my recent book Invest with the of the more unique managers out there. Enjoy! Video Link
January 29, 2017


Wes does a really nice summary of a white paper on stock distributions, along with a couple other great links from JPM and Longboard. Seriously, read all four.  Table then download —- —- Downloads TREASURY BILLS OUTPERFORM MOST STOCKS — […]
January 26, 2017

It may not be my money, but it is my job.

—Charles Ellis in Investment Policy: How to Win the Loser’s Game Fun one on career risk from Research Affiliates… —- —- Downloads How Not to Get Fired with Smart Beta Investing Website
January 15, 2017

Value Pain Train

Two pieces today since one is just a chart. First, a beauty of a PDF from Star Capital on value cycles…you can see how 2009-2016 was a big growth cycle (until around the election). Second, is a PDF compilation of […]
January 13, 2017

Bundles of Charts

Here’s some fun updates from JPM…home country bias chart then the downloads… —- —- Downloads JPMorgan Eye on the Market and Quarterly Chartbook. Website
January 3, 2017


Quarterly CAPE Ratio Updates! After a great year of performance in 2016, the order for the countries has changed but most macro positioning remains the same.  So, despite the monster moves in Brazil and Russia > 50%, they’re still cheap. […]
January 1, 2017


Here are three pieces to start out the new year!  Three charts then three downloads…best wishes for a prosperous 2017! —- Downloads PIMCO Value and Carry in FX Salient The Free Lunch Effect Blackrock Robos Come of Age