Larry Swedroe | TalkMarkets | Page 1
Director of Research, The Buckingham Family of Financial Services
Larry Swedroe is the Director of Research, Board of Managers and Lead Director at The Buckingham Family of Financial Services. Since joining the firm in 1996, Director of Research Larry Swedroe has spent his time, talent and energy educating investors on the benefits of evidence-based investing ...more

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Moving Average Distance And Time-Series Momentum
Because of the strong evidence, momentum continues to receive much attention from researchers.
Examining The Performance Of Stone Ridge’s Reinsurance Premium Interval Fund
Traditionally, portfolios have been dominated by public equities and bonds. The risks associated with the equity portion of those portfolios are typically dominated by exposure to market beta.
Band Of Brothers Attacking Short Sellers: Game Stopped For Hedge Funds?
In both stock and bond markets, retail investors tend to be irrational “noise traders” who display herd-like behavior, trading on sentiment rather than fundamentals. With markets less liquid, funds and smart investors pay more attention to strategy.
Momentum Everywhere, Including Equity Options
Individual investors can utilize momentum strategies without incurring additional costs by incorporating momentum into trading decisions...
Technology Spillover Impacts Stock Returns
The increasing role of intangible assets compared to physical assets in our economy has been accompanied by increased research into their impact on asset prices and returns.
How Cheap Are Value Stocks?
Despite the strong recovery for value stocks since late 2020, they are still priced at historically cheap levels – comparable to their level at the peak of the tech bubble. That is especially true for small-value stocks.
The Quality Factor — What Exactly Is It?
While there is no consistent definition of the quality factor, quality stocks typically have the following characteristics: low earnings volatility, high margins, high asset turnover, low financial leverage, low operating leverage, and low risk.
The Challenge Facing ESG Investors
The data used to construct environmental, social and governance (ESG) portfolios differs widely among providers, meaning that funds may not be aligned with your clients’ objectives and beliefs. 
Fashions And Investment Folly
In investing, as in fashion, fluctuations in attitudes spread widely without any apparent logic.
The Surprising Benefits Of Working Longer
Americans are working longer for financial reasons – they can’t afford to retire. But what few realize are the enormous economic and social benefits that accrue to those workers and the companies they serve. 
Fact And Fiction About Low-Risk Investing
Low-risk securities have historically delivered higher risk-adjusted returns than high-risk assets.
The Forgotten History Of Value Investing
Given the dramatic underperformance of value stocks since 2017, it’s understandable that many are abandoning the strategy, believing that the premium has vanished.
The Impact Of Emotions On Risk Tolerance
Behavioral finance is the study of human behavior and how that behavior leads to investment errors – investors do not optimally trade off risk and expected returns to maximize the utility of their end-of-period wealth.
Is There A Tail Risk Premium In Stocks?
It has been well documented both that stock returns have much fatter tails than a normal distribution would generate, and that tail events occur much more frequently than a normal curve would predict.
Volatility Expectations And Returns
A large body of research demonstrates that while past returns do not predict future returns, past volatility largely predicts future near-term volatility.
The Idiosyncratic Volatility Puzzle: Then And Now
One of the interesting puzzles in finance is that stocks with greater idiosyncratic volatility (IVOL) have produced lower returns
1 to 16 of 27 Posts