by Nicolas Rabener | Jan 24, 2022 | Uncategorized
Myth-Busting: ETFs Are Eating the World More like nibbling the world January 2022. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY ETFs are a negligible owner of US stocks Primary and secondary ETF trading has not grown quicker than total stock trading The...
by Nicolas Rabener | Jan 17, 2022 | Uncategorized
Analyzing Floating Rate ETFs Useful for navigating a rising rate environment? January 2022. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Floating rate ETFs pursue differentiated strategies Some of them are highly correlated to equities, limiting any...
by Nicolas Rabener | Jan 3, 2022 | Uncategorized
Factor Olympics Q4 2021 And the winner is… January 2022. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY 2021 was a year of moderate factor performance Value, Quality, and Low Volatility factors generated positive returns Momentum and Size were...
by Nicolas Rabener | Dec 20, 2021 | Uncategorized
How Much Does a VC Need to Make? Musing about venture capital return assumptions December 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARYVenture capital funds are highly sensitive to exit multiples given the skewed ratio of winners vs losersThe...
by Nicolas Rabener | Dec 13, 2021 | Uncategorized
ETFs for Rising Interest Rates One enemy, but an arsenal of weapons December 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY A wide range of strategies are marketed as beneficiaries of rising interest rates Portfolios are comprised of equities,...
by Nicolas Rabener | Dec 6, 2021 | Uncategorized
Stock Market Returns and Volatility Is volatility a friend or foe? December 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARYAverage stock market returns are similar regardless if volatility was high or lowHowever, given skewed returns, it was not...
