by Nicolas Rabener | Dec 22, 2025 | Uncategorized
Betting on Insiders Signal or noise? December 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Following insider trading is an intuitively appealing investment strategy However, the track record of such funds is abysmal CEOs are as poor at predicting...
by Nicolas Rabener | Dec 1, 2025 | Uncategorized
Myth-Busting: The Profitability Factor Is Profitable What makes ROE so unique? December 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Selecting U.S. stocks on profitability metrics failed to generate excess returns Only return-on-equity produced...
by Nicolas Rabener | Sep 1, 2025 | Uncategorized
Active Share vs Tracking Error Does more active management lead to higher outperformance? September 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Active funds need to become active to justify their fees There is no relationship between being more...
by Nicolas Rabener | Jun 10, 2025 | Uncategorized
Evaluating Metrics for Fund Selection Morningstar vs Lipper vs S&P Capital IQ… June 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The most popular fund selection metrics have no predictive power Unsurprisingly, fees matter Fund selection...
by Nicolas Rabener | Jun 2, 2025 | Uncategorized
Building Better High Yield Portfolios – III Balancing diversification and yield June 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Most yield strategies generated lower returns and Sharpe ratios than the S&P 500 Furthermore, most of these...
