Articles about Member Newsletter

Expected Returns

May Newsletter: Whither the rest-of-the-world?

Follow the investing world for a couple decades, and you are sure to notice that at some point ideas seem to flow in and out of favor like prolonged and somewhat erratic seasons. There's a season for worrying about resource shortages, a season...


Taxes, Trade, and Growth

Usually we like to steer clear of topics that are too “newsish” here. Partly that’s because we have long believed that following the “noise” of the headlines first is a good way to lose money investing. The news media is incentivized to get you to...

March Newsletter

Are we in a bubble yet? Checking in on stock market valuations

As we are writing this, the stock market has backed off a little from its highs and the financial press is again starting to talk about risk being “back.” Nevertheless, over the last six years the U.S. stock market has moved markedly higher. The...

Renewable Energy For Winter 1920x1080

February Newsletter: Re-examining alternative energy

A semi-recurring theme of IvyVest newsletters is the price of energy, which we have written about several times before.

We’re fascinated by the price of energy for two chief reasons. As a raw material in the cost of just about every good produced...

Year End 300x232

Can President Trump create (economic) regime change?

It's the time of the year the financial press loves to make predictions about the coming year, despite the fact that countless studies show it has no-more-than-random ability to predict much. 

At IvyVest, we have made it a tradition to turn...

Seasons Of Investing

October Newsletter

With much of the world's attention this month focused on conspiracy theories, email scandals, and bitter partisian threats, we thought we'd differentiate ourselves by writing about a topic that represents everything the current election is not...


August Newsletter: Have we reached the saturation point of the indexing strategy?

It's a common aphorism that beginning investors spend most of their time thinking about why they might be right, while world-class investors spend the bulk of theirs imagining why they could be totally wrong. 

Since our approach rests on a...

New Years

June and July Summer Newsletter: Examining Brexit

When the financial markets coin a new term, we feel obliged to at least address it. So it is with "Brexit." 

Like most financial commentators, we expected Britain to, in the end, vote to stay in the EU, so we were surprised when the majority...

New Rules

April Newsletter: New Rules for Financial Advisors in your Favor (with a slight Catch)

Imagine you have a choice of two S&P 500 Index Funds. Both funds entirely mimick the S&P 500 Index by holding a capitalization-weighted aggregate of all stocks in the benchmark. Before fees, their performance will be exactly the same. The...

March Newsletter

March Newsletter: Strange Times

“We are living in strange times.”

At one level this statement is probably always true, since no one times could possibly resemble the past along every dimension, thereby every time is “strange” in somewhere or another when compared to the...