by Jason Apollo Voss | 12 02 2013 | Best of the Blog, Blog
A debate between those advocating for a fiat money supply and those advocating for a gold standard has been raging for nearly a century. It’s time to reframe this debate in order to highlight some of the intrinsic properties of gold that are germane to this...
by Jason Apollo Voss | 30 01 2013 | Best of the Blog, Blog
Editor’s note: Thanks to the diligence of Armin Grueneich this post has been amended to reflect the addition of step #5, below, in the calculation of the rescaled range. Rescaled range analysis is a statistical technique designed to assess the nature and...
by Jason Apollo Voss | 22 10 2012 | Best of the Blog, Blog
In the recent Research Foundation of CFA Institute publication, Fund Management: An Emotional Finance Perspective, coauthors David Tuckett and Richard J. Taffler tell a compelling story about the myriad emotional stresses confronted by both analysts and portfolio...
by Jason Apollo Voss | 04 10 2012 | Best of the Blog, Blog
In an earlier post, “Rethinking the Risk-Free Rate, Exploding a Fundamental Assumption,” I criticized the concept of the “risk-free rate of return” as both illogical and not reflective of reality. Although I acknowledged the logic of having a bedrock rate of return...
by Jason Apollo Voss | 19 09 2012 | Best of the Blog, Blog
Despite an environment in which many business and financial market commentators, as well as investors, are questioning the size and structure of incentives, there is a shocking lack of new insight about their uses and abuses. In fact, many fault incentives for...
