Market Ethos - January 15th, 2018

Published by Richardson GMP Asset Management on Jan 15, 2018

Managing Your Biases   This week we share a number of behavioural biases that appear to be most prevalent when it comes to investing. Plus a link to the Richardson GMP Behavioural Checklist, a tool we have developed to help investors uncover if their... Continue reading

Richardson GMP Behavioural Checklist

Published by Richardson GMP Asset Management on Jan 15, 2018

RGMP Behavioural Checklist   How to Use 1. Begin the Richardson GMP Behavioural checklist after you have finished your due diligence on the potential buy or sell of a stock, fund, strategy or asset allocation change. 2. Determine your Investor Type as... Continue reading

Market Ethos - January 8th, 2018

Published by Richardson GMP Asset Management on Jan 09, 2018

Stars remain aligned   Markets enjoyed a strong finish to 2017 which has clearly carried into 2018. In this Market Ethos provide an update on our Market Cycle indicators and some thoughts on how 2018 could unfold. Continue reading

Market Ethos - December 18th, 2017

Published by Richardson GMP Asset Management on Dec 19, 2017

The Anatomy of a Bubble   Please note this will be the last Market Ethos until the New Year. In the final installment of 2017, we have taken a deeper look at historical bubbles from Tulips to rails to dotcom. Many of these bubbles have commonalities and... Continue reading

Market Ethos - December 11th, 2017

Published by Richardson GMP Asset Management on Dec 11, 2017

Performance Chasing   Did you know the average investor’s annual return is about 2% below the average fund return? Much of this variance is attributable to chasing performance, as assets pile into a fund that has had a good performance run just to see... Continue reading

Market Ethos - December 4th, 2017

Published by Richardson GMP Asset Management on Dec 04, 2017

Profiting from Investor Misbehaviour   Bit of a different ethos this week. Over the past year we have been developing investment strategies based on behavioural finance. Specifically, strategies designed with the objective of profiting from the behavioural... Continue reading

Market Ethos - November 27th, 2017

Published by Richardson GMP Asset Management on Nov 27, 2017

The Search for Alpha   Alpha is the goal of most investors, adding performance over an appropriate risk adjusted benchmark. In this edition we theorize where does alpha come from, who is on the other side of everyone’s trades and some implications on... Continue reading

Market Ethos - November 20th, 2017

Published by Richardson GMP Asset Management on Nov 20, 2017

Market Cycle: Let the good times roll   This week we provided an update on our Market Cycle framework. With 26 of the 30 indicators bullish, we have not seen this many in the green in a long time. US & Global economic data is strong, fundamentals are... Continue reading

Market Ethos - November 13th, 2017

Published by Richardson GMP Asset Management on Nov 13, 2017

Avoiding Behavioral Pitfalls   In this edition, we highlight historical evidence that indicates how our own behaviors often hurt our long term investment success. We specifically delve into Confirmation Bias and Loss Aversion, discussing how it impacts... Continue reading

Market Ethos - November 6th, 2017

Published by Richardson GMP Asset Management on Nov 06, 2017

CFOs Loosening Purse Strings   After a long hiatus during which excess cash flow was largely returned to shareholders via share buybacks and dividend increases, it would appear corporations are starting to spend again. This is a welcome change and should... Continue reading