tag:blogger.com,1999:blog-4573016048187948924.post6092187567452015507..comments2024-03-27T00:11:58.859-07:00Comments on Behavioural Investing: The little book that makes you rich: what is really going on?Jameshttp://www.blogger.com/profile/15994796273691966659noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-4573016048187948924.post-52601402451069189502009-11-17T12:33:55.498-08:002009-11-17T12:33:55.498-08:00Interesting thoughts... What is interesting is the...Interesting thoughts... What is interesting is the way emotion drives people's investments...often causing people to invest at the exact wrong times. <br /><br />Anyway, keep it up.<br /><br />Cheers.Doctor Stockhttps://www.blogger.com/profile/05091536534638746643noreply@blogger.comtag:blogger.com,1999:blog-4573016048187948924.post-72795413420454480392007-12-04T00:36:00.000-08:002007-12-04T00:36:00.000-08:00Hi James,I'm one of your long-run readers, from Dr...Hi James,<BR/>I'm one of your long-run readers, from Dresdner to SG, and I'm sincerely very pleased to find online your new web blog.<BR/><BR/>Your contents are always very interesting.<BR/>Thanks and best regards.<BR/><BR/>Alessandro<BR/><BR/><BR/>p.s.<BR/>I add a link to your pages in my financial blog:<BR/>http://ac-finanza.investireoggi.it/<BR/><BR/>all written in italian, sorry... ;)AChttps://www.blogger.com/profile/00521294442785270310noreply@blogger.comtag:blogger.com,1999:blog-4573016048187948924.post-82600447403406332662007-12-04T00:27:00.000-08:002007-12-04T00:27:00.000-08:00This comment has been removed by the author.AChttps://www.blogger.com/profile/00521294442785270310noreply@blogger.comtag:blogger.com,1999:blog-4573016048187948924.post-33355887374978056432007-12-03T08:31:00.000-08:002007-12-03T08:31:00.000-08:00I'm perplexed by Navellier. I get e-mails from hi...I'm perplexed by Navellier. I get e-mails from him everyday for his newsletters proclaiming all the great stock-picks his quantitative system yields. IIRC, he often cites how Hulbert has some of his newsletters as top-ranked. Yet, some time ago I remember looking at some of the mutual funds he manages and they were mediocre at best. How could his stock-picks do so well, yet the funds underperform?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4573016048187948924.post-43759939394267158912007-11-14T16:41:00.000-08:002007-11-14T16:41:00.000-08:00I've enjoyed the Little Book series, but there was...I've enjoyed the Little Book series, but there was no way to match the greatness of the first (Greenblatt's).<BR/><BR/>Anyway, thank you, James, for continuing to publish your thoughts on value-oriented investing, which I have long enjoyed.<BR/><BR/>Sincerely,<BR/>Ian Lucas<BR/>Graham Investment Management, Inc.IAN LUCAS & CHRIS MENDOZAhttps://www.blogger.com/profile/07188474398229163471noreply@blogger.comtag:blogger.com,1999:blog-4573016048187948924.post-13008452556269528362007-11-14T07:08:00.000-08:002007-11-14T07:08:00.000-08:00Thanks Rowan. Fixed that now.Thanks Rowan. Fixed that now.Jameshttps://www.blogger.com/profile/15994796273691966659noreply@blogger.comtag:blogger.com,1999:blog-4573016048187948924.post-75320520347198376362007-11-13T20:50:00.000-08:002007-11-13T20:50:00.000-08:00Thanks for the article. By the way, the URL to the...Thanks for the article. By the way, the URL to the Hirshleifer paper is wrong -- it's got an extra "http//" stuck in the middle.Unknownhttps://www.blogger.com/profile/09731041885288872207noreply@blogger.comtag:blogger.com,1999:blog-4573016048187948924.post-34346297969015972532007-11-13T18:52:00.000-08:002007-11-13T18:52:00.000-08:00I love these silly magic formulas that fly in the ...I love these silly magic formulas that fly in the face of mathematical or investing reality.<BR/><BR/>For example, you can "merge" two disparate companies by buying a hundred shares of each. If they both have the same starting alpha and standard deviation, the merged company will have the same alpha and... maybe only 4/5 of the standard deviation, due to that mysterious phenomenon, "diversification."<BR/><BR/>So, how can you take two OK stocks, cause zero interaction between them, and make a better stock? A new form of perpetual motion?<BR/><BR/>If the answer is that you want a diversified portfolio to invest in, you get an A for creativity but an F for honesty. The scheme was said to be a way to pick stocks, not to diversify a portfolio.Walt Frenchhttps://www.blogger.com/profile/00873789914522579055noreply@blogger.com