Applying Poker Strategy to Trade Execution

“Long periods of boredom followed by moments of sheer terror.” ― Tom McEvoy, Professional poker player Poker is not won with good luck, and it can be lost with bad money management. The same holds true for trading and investing. Comparisons between the market and the...

Overview of Portfolio Management

LEVEL:  BEGINNER The first step in investing is research. Any portfolio manager will first research a market condition, the market’s past performance, and likelihood of future returns on particular asset types as well as how much profit companies will expect to...

Measuring the Efficiency of a Portfolio

Portfolio returns can be measured in many ways.  Generating profitable returns is one aspect that is key to success, but the costs associated with generating those returns is an aspect of market analysis that sometime goes unnoticed.  For many investors, risk-...