Tag Archives: portfolio management
Building a Better Beta: Not all Beta is created equal
Most investors understand the concept of Beta, but do not appreciate that all Betas are not created equal. We’ll start with a little Beta primer. Let’s say you have two stocks, Huntington Banc (HBAN) and Invesco (IVZ), which both have a Beta of approximately 2. If the market moves 1% you would expect HBAN and IVZ to move 2%. Investors […]
RCM Editorial: The Condition is Called Complacency
I have been asked the same question repeatedly over the last few weeks. In fact, what began as a seemingly innocuous trickle has turned into a deluge of disillusionment and despair. So often now have I fielded this question that the time has come to dissect and reveal its true destructive force on a portfolio. The offending question is often […]
