I had the opportunity to attend a zoom meeting with the authors of the book The Incredible Shrinking Alpha. It was super entertaining; and I brought their book right away. Alpha is still there, it’s just harder and harder to obtain! 30 years ago, you had portfolio managers with liberal arts degrees at the biggest… Continue reading The Incredible Shrinking Alpha
Month: February 2021
Paying for order flow?
Our custodian had some comments on paying for order flow – something that has been in the headlines recently with Robinhood and Gamestop. “From day one, SSG has never received payment for order flow. Although it may be an accepted practice at other firms, we believe that it leads to potential conflicts of interest. Today… Continue reading Paying for order flow?
Think Investing Is a Game? Stop.
By David Booth Executive Chairman and Founder Dimensional Funds Advisors It’s easy to view the stories of market speculation that have dominated the news recently as cautionary tales for individual investors. But we can also look at the current moment as an opportunity to welcome a new group of investors to the market: those who… Continue reading Think Investing Is a Game? Stop.
Are you considering starting your own 401k plan?
Email me for a pdf summary of responsibilities that a plan sponsor has for a 401k plan. The tax savings are very worth it! tim@chengwealthmgmt.com