Tag: china
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Morningstar 2008: Accentuate the cognitive
This morning Bill Bernstein, a former neurologist who has since become a financial guru and founded EfficientFrontier.com, gave a free-form talk about his investment approach. Various rebalancing tactics were examined in order to take advantage of differences in return that exist among asset classes. “I believe threshold rebalancing is better than calendar rebalancing — but…
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Morningstar 2008: “This time it’s different”
The opening address at the Morningstar 2008 Investment Conference in Chicago was given by Mohamed A. El-Erian, Co-CEO and Co-CIO of PIMCO. Three weeks ago in Barron’s, he identified four major global trends: • Realignment in global growth • Return of inflation • Structured finance diminishing the barriers to entry • Wealth transfer among nations…