Indexing
July 14, 2021 — We're often asked if the concentration of a few companies at the top of the S&P500 is something to worry about. For us, it's a "no" on three counts...
How Elm Works
May 13, 2020 — We tend to assess our net worth by the market value of our assets - but it might be more natural to think of it as a stream over time.
Investment Theory
July 7, 2022 — Bitcoin isn't an inherently good or bad investment - but said investment can turn sour quickly if you're not paying attention to sizing.
Investment Theory
December 11, 2017 — In our ongoing writing on investment sizing and portfolio choice, we recently published two articles that discuss the Sharpe Ratio in building portfolios.
Indexing
December 2, 2016 — It's time to dispel a myth about indexing: investing in index funds or ETFs will unintentionally increased the market's aggregate mis-valuation.
Basics
March 23, 2022 — In a recently-published article in the Journal of Derivatives, we ask whether or not options make sense for a broad class of investors.
Indexing
August 20, 2019 — US equities have consistently outperformed non-US equities over the past decade - so, what exactly does this mean for investors?
Elm News
September 26, 2017 — From The Economist: "Who wants mediocrity?"
Elm Original Research
Victor Haghani & Richard Dewey — 2016
Clifford Asness, Antti Ilmanen & Thomas Maloney — 2015
Elm Original Research
Victor Haghani & James White — 2018
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