mean reversion

I’ve shown that momentum and growth generally fail, and since 1990 small caps have disappointed. I now explain why value typically succeeds.

Is mean reversion about to become the ASX’s best friend? Here’s why Australian shares may be primed for a long-awaited comeback.

Valuations of equity indices aren't great timing tools for short-term returns, but what about risk?

Even with AI, the market will broaden and peak concentration will unwind. We believe this may have started.

Static expected return forecasts lead to harsher drawdowns. Forward-looking forecasts produce more resilient portfolios.

The pandemic has had an extreme impact on economies and markets, yet there is an even stronger force that few are comfortable acknowledging. It has helped mitigate the...