We recently asked readers of our popular market commentary, the Weekly Research Briefing, to submit market-related questions for author Blaine Rollins, CFA. We had a lot of questions come in, so we thought we would use this week’s blog to share some of Blaine’s responses.

  • True Diversification  

    The Outliers

    October 15, 2020
    Andrea Coleman, CAIA

    In last week’s blog, we examined the wide dispersion in the long/short equity category, including a couple of funds that have had incredible performance in 2020. We too were curious about this performance, so we thought we’d look a bit closer at these strategies, including how it has impacted their longer-term results. Additionally in this blog, we’ll discuss things to consider when doing due diligence in a category that can be difficult to evaluate.


    Holy Dispersion Batman!

    October 09, 2020
    Andrea Coleman, CAIA

    2020 has been interesting for about a million reasons, all of which we won’t get into here. But one thing it’s highlighted in our little corner of the investment universe is the massive dispersion that exists in the long/short equity category.

  • Viewpoints 1987 Black Monday  

    How is the Average Investor Investing?

    September 30, 2020
    Analytic Investors Team, guest contributor

    The ease with which retail investors can trade equity securities has risen dramatically this year. The increasing popularity of fintech trading apps like Robinhood—which allow investors to trade quickly on their smartphones—and the availability of zero trading commissions at traditional brokerage houses have made it easier for the average investor to trade equity securities. Market makers such as Citadel Securities (a division of Citadel LLC) report that retail traders now account for about one-fifth of stock market trading and as much as one-fourth of trading on the most active days.


    While 2020 has been a year of many firsts, there are some things that never change, like letting our behavioral biases guide our investing decisions.