August 20, 2019
By Victor Haghani and James White Global equity market Investors are acutely aware of the tremendous outperformance of US equities versus non-US equities over the past ten years, as illustrated […]
May 6, 2019
April 23, 2019 NYC Victor recently sat down with NYU Professor Aswath Damodaran to hear his views on some of the most passionately debated topics in investing today, from the […]
March 12, 2018
In this five-minute video Robin Powell, aka the Evidence-Based Investor, in his “journey to uncover the truth behind investing” interviews Victor.They discuss the meaning of the Puzzle of the Missing […]
January 17, 2018
The New Year brings two exciting developments at Elm. The first is that James White, who has been working with Elm for the past year, is taking on the role […]
December 20, 2017
By Victor Haghani and James White Here are two little puzzles that we discussed at an Elm dinner last week in London, at our favorite local Chinese restaurant. Our guests […]
December 11, 2017
In our ongoing writing on the topic of investment sizing and portfolio choice, we recently published two articles that discuss the use of Sharpe Ratio in building portfolios with the […]
November 20, 2017
By Victor Haghani and James White The 12-month winning streak of the stock market through the end of October reminded me of a Friday afternoon on the Salomon trading floor […]
November 9, 2017
By Victor Haghani A few nights ago at the dinner table, I was ritually lamenting my unsuccessful efforts to lose a few pounds. My son Mark, now a high school […]
September 26, 2017
From The Economist: WHO wants mediocrity? That is what a lot of people say when the subject of index-tracking, or passive fund management, comes up. They would rather choose a […]
January 24, 2017
I just wrote a paper with my friend James White which applies and extends the ideas of the paper Andy Morton and I published in December on Optimal Investment Sizing. […]
December 9, 2016
We spend most of our time trying to identify good investments and assemble them into an attractive portfolio. The question of how much to invest in that portfolio usually doesn’t get […]
September 5, 2016
My daughter Jessica, a cognitive science major at university, caught me with a fun brain-teaser. It came up in a psychology class she was taking with Professor Phil Tetlock, author […]
July 27, 2016
By Victor Haghani REITs have returned 17% in 2016, outperforming the S&P500 by 9%. There are several plausible explanations for REITs’ recent strength, such as this year’s 0.75% drop in […]
January 5, 2016
We’re often asked about Elm Partners’ US office in Jackson Hole, Wyoming. Below is a short video shot by my son Josh using his quadcopter a few days ago, all […]
