This is a summary of links featured on Quantocracy on Monday, 03/11/2019. To see our most recent links, visit the Quant Mashup. Read on readers!
The Monsters of Investing: Fast and Slow Failure [Flirting with Models]Successful investing requires that investors navigate around a large number of risks throughout their lifecycle. We believe that the two most daunting risks investors face are the risk of failing fast and the risk of failing slow. Slow failure occurs when an investor does not grow their investment capital sufficiently over time to meet future real liabilities. This often occurs because they fail
The Largest Cost Facing Investors Today [Two Centuries Investments]Alternative Title: The Gap Everywhere There exist many flavors of market timing. Some are obvious: In 1929, an influential businessman states that US Equities will return 24% per year for the next 20 years; or in 1999, a stock market forecaster predicts Dow Jones to double On dollar-weighted basis, equity mutual fund investors under-perform buy-and-hold by 6.2% per year during the past 30 years.