by Zack Miller on May 9, 2011
Join us this coming Monday May 9th @ 4pm ET for a free online discussion on the “5 Myths About Cloning Hedge Funds”. We’ve been following hedge fund replication strategies (what I call piggybacking) since the early days of this blog and back to 2009 on NewRules. It’s not only a topic I like to [...]
by Zack Miller on March 31, 2011
One of the things I have had on my bucket list was to write a book. In college and my freshman creative writing class I took my junior year (long story), I fancied myself a writer. Thing is, life got in the way. The more I learned and experienced, the more writing fiction seemed full [...]
by Zack Miller on December 1, 2010
This week’s episode of Tradestreaming Radio is up and ready for listen. Let me know what you think and if you have ideas for future shows. You can listen below, find the transcript below or download directly to you iPod/iPhone via iTunes — search for Tradestream or go here. Powered by Podbean.com This episode includes [...]
by Zack Miller on September 12, 2010
(this post originally appeared on Tradestreaming) Just returned from a mini-tour for Tradestreaming which ended with an editorial of mine appearing on CNNMoney. CNN’s editors thought the tension between investing alongside guru investors (what I call, piggybacking) and following the crowd (which devalues individual expertise) was worth exploring (in 800 words or less). It was [...]
by Zack Miller on June 8, 2010
===>>> IMPORTANT NOTE: please check out Tradestreaming.com — the site for my new book (launching soon). Please sign up via email and/or RSS to stay plugged in to this conversation. I’m going to begin migrating my blogging activities to that site as time unfurls (or furls, means the same). So it’s definitely important we stay [...]
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 [...]
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 [...]
I’ve never hid my growing admiration for investment mimicry. While much ink is spilled daily by pundits recommending this and that, I’ve come to the realization that most of this is just emotionally-driven noise. This breakthrough in thought, that investors would be better off just aping proven investment techniques, led to my backing and promoting [...]
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 [...]