Gerard O'Reilly and Robert C. Merton discuss the current financial markets and the role of skilled implementation during periods of extreme market volatility. Topics include the information in current derivatives prices and how a manager's trading and execution can impact portfolio value in volatile markets. … [Read more...] about Nobel Laureate Robert Merton on the Financial Markets
Long-Term Investors, Don’t Let a Recession Faze You
In the past century, there have been 15 recessions in the US. In 11 of them, stock returns were positive two years after the recession began. Read Dimensional Fund Advisor's article, "Long-Term Investors, Don't Let a Recession Faze You," HERE. … [Read more...] about Long-Term Investors, Don’t Let a Recession Faze You