This article exposes significant issues with the logic behind William F. Sharpe's “The Arithmetic of Active Management” which condemned active managers to underperform the market in aggregate.
About: Aaron Brask
Recent Posts by Aaron Brask
Structured Financial Planning
Our Structured Investment Income (SII) strategy attempts to extract the primary advantages of annuity and SWR strategies while addressing two of their major drawbacks: costs and market dependency.
The Non-credit Crisis
The financial crisis was not the primary driver of the market’s 50% collapse. The real 800 pound gorilla facing markets at the time was overvaluation.
Asset Allocation: Logic and Math Behind Risk and Return
We discuss why the conventional definition of risk misguided and how traditional asset allocation strategies can systematically dampen long-term returns.
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