Posts tagged as:

alpha clone

Piggyback investing is the art/science of building portfolios based on mimicking the stock picks of some of the best superinvestors — asset managers who have exhibited long term market-beating results. Early research (check out some here) has shown that investors can achieve similar returns by piggybacking as the can by investing directly with the asset [...]

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Morningstar announced yesterday its nominees for a new award Morningstar Fund Manager of the Decade. According to Morningstar: The Manager of the Decade award is not just about returns. We consider the risks assumed to achieve those results and take into account the strength of the manager, strategy, and firm’s stewardship. We also think it’s [...]

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AlphaClone: The cure for investor insanity

by Zack Miller on September 8, 2009

I’ve come to the conclusion that investors are insane. Given who you are, you may have one of two responses to that statement of fact: you agree you say, “huh?” If you find yourself agreeing that investors are insane, I’m preaching to the choir.  If you don’t understand what I mean by that statement, be [...]

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For kicks, I just did a small test last week.  I created a portfolio of the most bought stocks on Covestor over the last month and wanted to compare how well these picks perform versus the greater market, say the S&P 500. Results were interesting and a bit misleading (a nice sample set of the [...]

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