There’s a tendency to assume that people are either very positive about ESG investing or dead against it. Surely most of us are somewhere in the middle? Robin Powell #Sustainability #Investing ow.ly/IsL550MFlM5

“It just goes to show that if you torture the data long enough it will eventually tell you what you want it to” — Ed Moisson from Ignites Europe on the tricks that fund managers use to make their performance look respectable #Investing #FundManagement ow.ly/6tz050MMNfs

Active managers are in “extreme denial” about their returns consistently lagging those of index funds, says Charlie Munger. Continuing to charge high fees for underperformance is “moral depravity”. Jamie Gordon ETF Stream #BRK #ActiveManagement ow.ly/wzQ350MXi6U

"This is the type of environment in which you would expect active managers to be able to outperform, but only 29% of active equity managers were able to both survive and outperform their passive peers during 2022” — Morningstar.co.uk #ActiveManagement ow.ly/eioX50N85xk

Facts do not cease to exist because they are ignored. And although the investing industry doesn’t like to acknowledge them, SPIVA scorecards contain valuable information for investors. Here's the latest one 👇 #Investing #ActiveManagement ow.ly/n19t50NbYKA

Six common claims made about #Investing that are in fact myths Myth No. 4: The more experienced a fund manager is, the better the performance #Stocks #Funds #AssetManagement ow.ly/i9vF50NfbhU

Six common claims made about #Investing that are in fact myths Myth No. 6: Private equity funds, unlike stock funds, are not subject to short-term volatility #PE #AssetManagement ow.ly/i9vF50NfbhU

Some market watchers are warning of an imminent #Crash Are they right? And what should investors do? I have *zero insight* into the likely direction of #Markets in the short term, but I hope my latest for @gsillp provides some helpful perspective 👇 ow.ly/I71S50NHgOY

Investing in #Bitcoin isn’t just a bad idea from a financial point of view.. It’s also very bad for the environment #ClimateChange #Cryptocurrencies ow.ly/jXkE50NUma7

It sounds like a joke, but it isn’t. US large-cap equity managers would have delivered higher returns over the last ten years if they’d been on holiday the entire time and not placed a single trade. #Investing #Stocks #ActiveManagement Jeffrey Ptak ow.ly/739B50OevB9

If genuine mark-beating skill really does exist in active fund management, you would expect some managers to outperform for more than a few years at a time. Very few managers actually do it. S&P Dow Jones Indices #Stocks #Markets #AssetManagement ow.ly/44fJ50OnWzJ

So-called tactical asset allocation funds have “incinerated potential returns” over the last ten years, according to new research from Morningstar. And who’s to say the next ten years will be any different? Jeffrey Ptak Morningstar, Inc. #AssetManagement ow.ly/xRVC50OAAfN

"People can be led to believe almost anything because the goal of a belief is often not to discover truth – it’s to justify past actions, protect your reputation, or provide hope" Morgan Housel #Inbvesting #Behaviour ow.ly/llq350OUTox

If you thought that indexing was worse than marxism, you should read Natixis IM's interpretation of their 2023 Global Survey of Individual Investors. Active managers will never stop surprising me. bit.ly/3NKUGji

11 UK-domiciled funds that fell from hero to zero in the first six months of this year Morningstar.co.uk #Funds #Investing ow.ly/oHQy50P8ncA

Investing is partly mathematics, partly Shakespeare, says William Bernstein. As time goes by, he says, the more he realises how important the emotional and psychological aspects are. #Stocks #Equities #Investing #WealthManagement #BehaviouralFinance ow.ly/RE0i50PagNP

What is the legacy of Harry Markowitz? How big a contribution did he make? And what is the next frontier for academic finance? #Investing #EvidenceInvesting #Finance ow.ly/2YC450PpawH

Harry Markowitz was the first person to focus on optimal portfolio construction… and portfolio managers are still hugely influenced by his work today. But what areas of investing do future Nobel laureates need to look at? #EvidenceInvesting #Finance ow.ly/2YC450PpawH

What today’s financial professional can still learn from Harry Markowitz about optimal portfolio construction — and doing the right thing GSI #Investing #EvidenceInvesting #Finance ow.ly/2YC450PpawH