By Nicholas Vardy In the 1990s, investment recommendations were made based on reports, meetings and “kicking the tires.” A lot has changed since then.
Nicholas Vardy explains the new world of investment management and what it means for your ETF portfolio.
Stockbroker Fred Schwed asked the question in the title of his 1940 classic book, Where Are the Customers’ Yachts?
Fast-forward 80 years, and the question remains the same.
Many investors spend countless hours poring through fundamental research produced by Wall Street’s investment banks.
This focus on company fundamentals, however, masks a new, broad and deep-rooted trend: Computer-driven strategies are transforming the way Wall Street invests.
And this transformation …read more
