On Decision Attribution and Déjà Vu
When the market tide goes out, investment managers must rely on true investment skill, rather than general buoyancy, to keep them afloat. The question is (and has always been) how.
The Power of Payoff
Payoff: The investment skill metric that separates the best investors from the rest.
The Behavioral Alpha Benchmark and the Active-Passive Debate
Active managers are still very much at play in today’s market, and recent findings show that the skilled ones can outperform their indexes.
Introducing the Behavioral Alpha Benchmark
It’s time to consider the quality of a portfolio manager’s decisions — not just near-term performance.
Can Traditional Active Fund Management Be Saved?
Active managers need to start incorporating the lessons of behavioral science if they have a chance of reversing the flow of assets into passive investment vehicles.
The Essential Summer Reading List
We've updated our popular guide to behavioral science literature, adding some exciting new titles, handy subject categories, and the pick of our team's favorite reads. Happy reading!