Thursday, December 5, 2013
James Montier: No Silver Bullets in Investing (just old snake oil in new bottles)
Free registration required.
In this white paper, James Montier, a member of GMO's Asset Allocation team, looks at innovations like "smart beta" and the "risk factor" approach in the financial industry. Are there many ways to generate good long-run real returns, or is there really only one: buying cheap assets?