CIO INSIGHTS

666 RESULTS

• JANET YELLEN IS YOUR FRIEND 09-28-2016

  I have not met Janet Yellen, but she seems like a perfectly friendly person. Yet, for some reason, investors seem to panic whenever she hints that the ...

  READ BLOG POST
• GIVE US YOUR POOR 09-16-2016

  A large percentage of energy expended at Angeles is in evaluating, analyzing and judging investment managers. It is a core competency at Angeles, and ...

  READ BLOG POST
• FALLING BEHIND 08-25-2016

  It's good to be tall.Tall people tend to be more highly educated, earn more over their careers, are higher in the social pecking order, and live ...

  READ BLOG POST
• NEGATIVE NEGATIVE IS POSITIVE 08-22-2016

  Housing is a small part of the larger economic picture, contributing only about 5% to GDP (although includingall the ancillary and related services ...

  READ BLOG POST
• 2ND QUARTER 2016 - FISSION 07-26-2016

  University of Chicago is known for its excellent academics, not so much for its athletic prowess. But that wasnt always the case. One hundred years ...

  READ COMMENTARY
• RUPTURE 06-28-2016

  [nota bene: this is a long one; if you don't have time, just skip to the summary at the end. I promise, no hard feelings.]The political experts ...

  READ BLOG POST
• LA JUSTICE? 06-07-2016

  I'm not French, and I'm not a lawyer. So I am certainly not a French lawyer. These facts may be obvious, but I state them as a possible explanation ...

  READ BLOG POST
• FLOATING OIL 05-24-2016

  Oil has had a nice recovery this year (see graph for Brent, YTD), up about 18% to over $48/barrel today. Of course, this is still well below the ...

  READ BLOG POST
• HOUSING HAS LEGS 05-24-2016

  Surprisingly strong housing numbers out this morning: new single-family homes rose 16.6% in April to an annual pace of 616,000 (see chart below), well ...

  READ BLOG POST
• INSIDE THE TRIANGLE 05-23-2016

  Complexity makes investing so challenging. Unlike the pure sciences, there are no hard truths in investing, no discoverable axioms that determine ...

  READ BLOG POST
• 2016 - 1ST QUARTER COMMENTARY 05-17-2016

  To read more, download the full 16 page PDF: ...

  READ BLOG POST
• MANAGING HOME BIAS: DEFENDING THE VALUE OF GLOBAL EQUITIES 05-10-2016

  Home Bias is the tendency for investors to overallocate to domestic investments regardless of the benefits of global diversification in terms of both ...

  READ COMMENTARY
• 1ST QUARTER 2016 - FOUNDATIONS 05-04-2016

  Some of the most impressive accomplishments in human history were born of vanity, some rose from sheer curiosity, some were driven by commerce, others ...

  READ COMMENTARY
• STILL IN NEUTRAL 04-07-2016

  The first quarter began with a bang and ended with a whimper. At least, that's the message from the VIX (volatility indexsee below). Bouncing around ...

  READ BLOG POST
• LABORING 03-24-2016

  In some respects, this is a golden age for labor. The unemployment rate has dropped to 4.9% from a high of 10% in October 2009. It's not quite as low ...

  READ BLOG POST
• HOW VANGUARD GAINS FROM FIRM THAT FIRED FOUNDER JACK BOGLE 03-17-2016

  Many managers spend their entire careers at Wellington, said Michael Rosen, CIO at Angeles Investment Advisors in Los Angeles, where he helps oversee ...

  READ NEWS
• IN A HOLE 03-04-2016

  Two months ago, I offered some hope that drop we saw on the first day of 2016 was a good omen for the rest of the month and year ...

  READ BLOG POST
• BRIDGEWATER'S DALIO CALLS REPORT ABOUT FEUD WITH JENSEN OVERBLOWN 02-05-2016

  "Bridgewater has a unique culture, and one of the most successful long-term track records in the history of investing. I suspect those two ...

  READ NEWS
• 4TH QUARTER 2015 - BOUNDARIES 02-03-2016

  Painting has been a human endeavor probably since we developed opposable thumbs. Traditionally, painting filled one of two purposes: either ...

  READ COMMENTARY
• ANGELES INVESTMENT ADVISORS ADMITS NEW MEMBER 01-27-2016

  Angeles Investment Advisors announced today that Aaron Azelton, Gina Cadei and Susan Yun Lee have been admitted as new members of the company. Angeles ...

  READ PRESS RELEASE
• DIGGING OUT 01-25-2016

  The eastern United States was buried in snowstorm Jonas this weekend, from 42 inches (more than a meter for our non-US friends) in West Virginia to (a ...

  READ BLOG POST
• BAIRD REAPING BIG GAINS FROM FALLOUT AT PIMCO 01-11-2016

  Mr. Rosen said the Baird approach had produced strong investment results, despite avoiding macro bets. "Using a baseball term, do you swing for the ...

  READ NEWS
• APRèS MOI LE DéLUGE 01-05-2016

  In more ways than one.We greeted the new year with an actual deluge, at least here in California, as the long-promised El Niño swooped in with ...

  READ BLOG POST
• A YEAR-END THOUGHT 12-31-2015

  This week, my college basketball team visited southern California, and I was lucky enough to spend some time with them over the past few days. I ...

  READ BLOG POST

12345678910111213141516171819202122232425262728