Five TED talks
The future of Finance
Want to see how things are going? Go to Utilities performance
“In their study, Bilello and Gayed examined pricing data going back to 1926 and developed a trading strategy whereby they would invest the entire portfolio in the low-beta utilities sector for a week when that sector exhibited positive relative strength over the prior four-week period. When utilities’ four-week relative strength turned negative, they would move assets to a broad market portfolio. Their BRS delivered a 13.9% annualized return versus a 9.8% return for the broad market. The outperformance was remarkably persistent, as the BRS beat the market in 82% of rolling three-year periods observed. Risk-adjusted returns were also superior across time periods.”
http://blogs.cfainstitute.org/investor/2014/05/05/the-predictive-power-of-utility-stocks/
Measuring Investor Performance
http://blogs.cfainstitute.org/investor/2014/05/26/how-to-measure-your-success-as-an-investor/