Sir Isaac Newton’s Revenge on Wall Street Story

Sir Isaac Newton’s Revenge on Wall Street

[{"selector":"#anim-97a1de0c-cd2e-41fd-97c5-7996f47ca320","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-81c74679-4e20-4fc1-a9c1-f58859322acf","keyframes":{"transform":["translate3d(-115.92356%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Performance chasing can be tempting. Those fund managers, stock pickers, and companies who seem to always outperform, always beat, and always return above their peers — well, it’s certainly tough to resist their siren song. Read More

Whose first impulse wouldn’t be to get on a train that’s moving quickly, up, and to the right? But things are not always as they appear, and what comes up must, according to physics, come down.

Physics, and Isaac Newton himself, have even more to teach us about the market, as you’ll discover in today’s story.

[{"selector":"#anim-cca4c6e6-3854-4419-be2a-29518af3feac","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2700daa3-eb64-4c86-9b62-5aeff7d4016d","keyframes":{"transform":["translate3d(-116.24204%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

Four Victims of Sir Isaac Newton’s Revenge on Wall Street

Cathie Wood is the founder and CEO of Ark Invest and the portfolio manager of their flagship fund, the ARK Innovation ETF (ticker symbol: ARKK).

Miller was a fascinating figure and received a lot of press coverage in the Wall Street Journal and other financial publications for his unique approach to investing.

#3. Ken Heebner

Newton’s revenge would hit Heebner’s CGM Focus Fund gradually and at four different times over the subsequent 11 years from 2008 to 2019. The first hit came during the financ ial crisis. Read More

Newton’s revenge first hit Berkowitz in 2011. That year, the Fairholme Fund declined 32% while the Vanguard 500 Index Fund increased by 2%.

SWIPE UP NOW TO READ MORE

[{"selector":"#anim-74b58031-4b63-4594-8045-1c2730a3fc7a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-06b54167-77aa-4773-950c-348fc427b5d0","keyframes":{"transform":["translate3d(-116.50794%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

MORE STORIES

[{"selector":"#anim-683a5f4e-56f5-4737-ab2d-8659971fe5ae","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-323716c1-c6d0-4d9e-867d-4af264831529","keyframes":{"transform":["translate3d(-124.35897%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f6fa0a52-a756-440c-b419-32de8a1ea293","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-be3ad902-9661-4448-90ff-7310dbcc14e9","keyframes":{"transform":["translate3d(-123.71794%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] How to Get More Than $250,000 Insured by the FDIC Why Do Financial Advisors Do Crap Like This?