Select Page

Blog

25 Years Ago, an Investing Revolution was Born

25 Years Ago, an Investing Revolution was Born

Monday will mark the 25th anniversary of the first U.S.-listed ETF, the SPDR S&P 500 ETF (SPY).  Born out of the 1987 stock market crash (I highly recommend this fantastic account from Bloomberg’s Eric Balchunas), SPY sparked an investing revolution.  In the...

read more
Predictions Vs. Probabilities

Predictions Vs. Probabilities

"To expect the unexpected shows a thoroughly modern intellect. " -Oscar Wilde Understanding the difference between a prediction and the probability of a particular outcome occurring is an important distinction for successful investors.  Anyone, regardless of their...

read more
5 ETF Predictions for 2018

5 ETF Predictions for 2018

“I try not to get involved in the business of prediction. It's a quick way to look like an idiot.” – Award-winning author Warren Ellis Anyone who knows me is well aware of my disdain for predictions.  Nobody has a crystal ball and even if you think you have one, as...

read more
Tastes Great, Less Filling!

Tastes Great, Less Filling!

This past week, I had an interesting conversation with Phil Bak, CEO of Exponential ETFs, an upstart ETF provider who recently launched the Reverse Cap Weighted U.S. Large Cap ETF (RVRS).  Phil took some flak on social media and even through direct e-mails in response...

read more
Bitcoin – In Charts

Bitcoin – In Charts

Price of bitcoin: Source:  Coindesk.com   Bitcoin market cap: Source:  WSJ   Market cap comparison: Source:  @Charliebilello   Bitcoin hashrate: Source:  blockchain.info   Bitcoin transactions per day: Source: Bitcoin.com   Bitcoin exchange app downloads: Source: ...

read more
Of Course, ETF Cost Isn’t Everything!

Of Course, ETF Cost Isn’t Everything!

Recently, I’ve seen lot of financial media and industry chatter regarding ETF costs – only not in the way you might expect.  Instead of the usual talk about ETFs lowering the cost of investing or how ETF providers are ripping each other’s faces off in a race to see...

read more
ETFs – The Amazon of the Investment World

ETFs – The Amazon of the Investment World

“The growth of ETFs in U.S. capital markets is a textbook case study in ‘Disruptive Innovation,’ right alongside well-known historical examples like Amazon, Google, Facebook, Netflix and scores of others successful enterprises.” - Nick Colas of ConvergEx   ETFs have...

read more
Bone-Crushing Move from Vanguard

Bone-Crushing Move from Vanguard

The investment industry has coined a phrase for what happens when Vanguard moves into a particular ETF category – it’s called The Vanguard Effect®.  Known for their rock bottom ETF costs, once Vanguard decides to enter a particular asset class or strategy – say...

read more
Where’s the Mutual Fund Deathwatch?

Where’s the Mutual Fund Deathwatch?

While year-to-date ETF flows are nearly 40% above their previous annual record and have surpassed the best year of inflows ever for mutual funds, the financial media seems strangely obsessed with ETF closures.  Some recent headlines: >  Say hello to FAIL, my new ETF –...

read more