The Biggest Risk in Investing is Trying to Avoid It: Grantham Equities, MarketFox, Risk and Regulation Asset managers don’t take enough risk when implementing their best ideas, according to veteran investor and GMO co-founder Jeremy Grantham. “By far the biggest risk in the long run is to try and avoid risk, to try and hedge everything out,” Grantham says. “Forget it. You’ve got to learn to take some risk and hit […] Read More
Are We Biased? Bringing Time Series into Behavioural Finance Behavioural Finance, MarketFox Before becoming a professional investor, I was a psychology student at the University of Melbourne. The course took me on an interesting personal journey. In first year, we studied the classic research. Studies such as Pavlov’s conditioning experiments with dogs, Asch’s conformity studies, Milgram’s coerced compliance experiments and Zimbardo’s infamous Stanford prison experiment. By the […] Read More
Interested in Blockchain? There is an ETF for that MarketFox MarketFox columnist Daniel Grioli is back from the United States and tells of his adventures in ETF land. Read More
Searching for the Rolls Royce of ETFs Innovation, MarketFox MarketFox columnist Daniel Grioli is off to the United States to attend a conference on ETFs and in this article he makes the case for active managers to create high-quality, state of the art, ETFs before somebody else does. Read More
Quants Part III – Using the Right Tools for the Job Asset Allocation & Strategy, Factors, Quant & Systematic, MarketFox In this final instalment on quants, MarketFox columnist Daniel Grioli looks at the influence of investors’ time horizon on the usefulness of quantitative techniques. I’ve received several comments from readers defending the usefulness of quantitative techniques. They are definitely useful and they have been widely adopted. Which is why its important to understand their limits. […] Read More
Quants Part II – Quants and Market Timing Factors, Quant & Systematic, MarketFox In part two of the series ‘Quants and Market Timing’, MarketFox columnist Daniel Grioli draws attention to the point that the tools available to us for measuring determine how we phrase questions and hence influences the outcomes. Read More
The Beginning of MarketFox MarketFox Six months into the collaboration between MarketFox and i3 Insights, we caught up with Daniel Grioli to hear how his blog came into existence and what he has been working on since leaving LUCRF. Read More
Quants Part I: Are Quants the Chiropractors of Finance? Behavioural Finance, Factors, Quant & Systematic, MarketFox The danger of relying too much on quantitative models is the implicit belief that unless something can be measured and identified as a factor it doesn’t really exist, Daniel Grioli writes. Read More
How Superannuation Funds Can Play the Rating Game Asset Allocation & Strategy, MarketFox, Risk and Regulation MarketFox columnist Daniel Grioli looks at different ways to game the performance tables of rating agencies. Read More
