By Jason Zweig | June 17, 2016 11:00 a.m. ET Image credit: “Fortune Teller on Melrose Avenue,” Carol M. Highsmith (2012), Library of Congress An Interview with Philip Tetlock at The Wall Street Journal’s CFO Network conference To get business right, finance chiefs need to be good forecasters. Yet research has shown that amateurs...
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Image Credit: Christophe Vorlet By Jason Zweig | June 17, 2016 3:23 pm ET The yield on the 10-year Treasury sank beneath 1.6% this past week, within spitting distance of its record low of 1.4% in July 2012. How much should that change your estimates of what stocks and other assets are worth? The impact of interest rates on stock prices might sound...
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Image Credit: Christophe Vorlet By Jason Zweig | June 10, 2016 10:24 am ET In the stock market, more ownership seems to be concentrated in fewer hands all the time. That’s been a worry for at least a century, since Louis Brandeis wrote his book “Other People’s Money.” But today’s financial technology has created an improbable scenario under which...
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Image Credit: Christophe Vorlet By Jason Zweig | June 3, 2016 1:39 pm ET Financial advisers like to say the good ones are worth their weight in gold. Not so fast. If men tilt the scales at about 170 pounds and women at roughly 140 pounds, and with gold around $1,210 per ounce, that would value the typical financial adviser somewhere around $3 million....
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By Jason Zweig | June 3, 2016 3:57 pm ET Image credit: Winslow Homer, “The Veteran in a New Field” (1865), the Metropolitan Museum of Art It isn’t often that fund managers get fired for poor performance, and it is almost unheard of for them to get the axe amid good performance — but that appears to have happened at one firm. On May 26,...
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