Author Archive
-
Aug 12, 2025Our latest piece on Buffer Funds appears in the current issue of the Journal of Portfolio Management. Once again, and with more analysis (and co-authors) than our two previous posts... -
Jun 6, 2025This post revisits and refutes a long-standing argument against market timing—that missing just a few of the market’s best days can devastate returns—by demonstrating its... -
Mar 13, 2025To create a sovereign wealth fund dedicated to something five times or more as volatile as straight-up stocks is an awful idea. -
Jan 3, 2025Well, sitting here in the year 2035 and looking back at our endowment’s returns for the last decade is not a pleasant task. World markets have been subpar and our performance...
