Fund flows measure the amount of money that comes into or leaves the open-ended mutual funds during a given period. Coupon payments are not included. The flows of pension funds, hedge funds and insurance companies are not tracked in this number. Nevertheless, there is a high correlation between high-yield market total returns and mutual fund [...]
Most managers pick stocks by the numbers: P/E ratios, earning growth rate, EBITDA to enterprise value, and so on. Hundreds of studies have shown that you cannot outperform the market looking solely at numbers. Insight is required. But insight can cost a manager his job and a $500,000 annual salary. Picking stocks by the numbers [...]
Wlecome to the personal finances advisor blog! Visitors to our site should be happy to know that this blog was established by people dealing with finances of daily basis, who would like to share their knowledge on subjects such as credit cards, mortgage, debt consolidation or loans. All information presented here should be comprehensible to [...]