Yuval Taylor Blog | Talkmarkets | Page 1
Senior Editor at Chicago Review Press
Contributor's Links: Invest(igations)

Yuval Taylor is a writer and editor of non-fiction books about literature, performance, and music. In his spare time he invests, primarily in microcaps; investigates investment conundrums; and writes about his investigations on the site more

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How To Be A Great Investor: Be Numerate
Numeracy enables you to question established orthodoxy, whether that’s the price that the market assigns to a stock or a theory whose reasoning is flawed. And that is perhaps its most valuable function.
Why Refinancing Your Mortgage At A Lower Rate May Be A Bad Idea
The idea behind refinancing with a lower rate is to reduce your interest payments. That’s what a lower rate implies, and that’s how the mortgage companies package their offers. But that’s not what actually happens.
How To Sell Your Stocks
Value investing has always focused on finding bargains to buy, not on choosing holdings to sell.
What If Sector Classification Is All Wrong?
The Global Industry Classification Standards (GICS) classify industries into eleven different sectors, and do so on a purely intuitive rather than a data-driven basis.
How To Avoid Value Traps
A value trap is a relatively cheap stock whose price simply doesn’t rise no matter how long you hold it.
Market Timing, Tactical Asset Allocation, And Trading: A Dialogue
If your aim is to beat the market, I’m pretty certain that neither TAA nor market timing will do it. For that, you need to aim at much smaller targets than broad-based indices.
HH A Universal Theory Of Stock Market Investing
Because the price of a stock is completely a function of investor behavior, stocks cannot be said to be “mispriced,” and there is no such thing as “luck” or “randomness” in the stock market.
The Stock Picker's Dilemma
Is there one single correct way to pick stocks? I don’t think so.
Is It Better To Rebalance Your Portfolio Periodically Or Leave It Alone?
Whether you hold only stocks or a wide variety of assets, a question you’ll be forced to face sooner or later is whether you should rebalance or not. This article aims to help you make that choice wisely.
HH How Much Of Your Portfolio Should You Keep In Cash?
How much of your portfolio should you put into cash in order to protect yourself against sequence-of-returns risk?
How To Obtain Leverage Without Margin Or Loans
For investors, leverage is straightforward: it’s the sum of the amount you have and the amount you borrowed divided by the amount you have.
When Is Investing Like Gambling?
The stock market is a bit like a parimutuel system. In parimutuel betting, all bets are placed in a pool, taxes and the house take are skimmed off the top, and the pool is shared by the winning bettors.
Why Low Beta Outperforms
One of the primary principles of investing is not to follow the herd. High-beta investing is a form of herd-following - one invests in those assets most likely to be affected by market movements.
Share Turnover, Beta, And Stock Returns
The behavior of stocks with high and low share turnover is derived from what Dr. Kasch calls “a simple and intuitive fact: A greater investor participation in a stock translates to a greater participation of the stock in market movements.”
How To Backtest For Superior Out-of-Sample Results
I highly recommend backtesting any portfolio strategy. Here are thirteen tips for better backtesting.
EC The 3 Types Of Factors
Investors have been looking at factors like the price-to-earnings ratio and the price-to-book ratio for a hundred years. But what most investors overlook is that factors don’t all work the same way. I classify factors into roughly three categories...
1 to 16 of 18 Posts
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