Investing by the rear-view mirror

7.8.19

Investing by the rear-view mirror

Most investors know the ubiquitous disclosure, “Past performance is not a guarantee of future results”, but rarely follow that advice in practice. At RBA, we focus on forward-looking analyses to drive our decision making rather than investing by the rear-view mirror.

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Profits not politics

6.11.19

Profits not Politics

One wayward tweet can send the markets spiraling in the short term, but RBA knows that in the long term, profits determine the direction of the markets, not politics.  

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Be your portfolio's designated driver

4.8.19

Be your portfolio's designated driver

Investors have remained on the sidelines for most of this 10+ year bull market, yet FOMO is leading many to join the party late. In this late cycle environment, one should consider sobering up before the punch bowl is taken away.

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Duration = Risk

5.8.19

Duration = Risk

Investors remain fixated on longer-duration bonds even as their risk increases. Duration is a measure of risk and myopically focusing on the long end of the curve while it appears to be significantly overvalued may prove fruitless.

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Doomed to repeat the Tech Bubble?

3.14.19

Doomed to repeat the Tech Bubble?

Investors’ current enthusiasm for piling money into next great tech unicorn is ominously reminiscent of March 2000.  Might we be doomed to repeat the Tech Bubble?  

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