Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Barry Ritholtz: Data Picks Investments, Stories Sell Them

FYI: Once upon a time, portfolios were constructed via story-telling. Once built, they were marketed via data.

Our understanding of how returns are generated has changed in the past two decades, which in turn has led to a change in ways the financial industry assembles, manages and markets investments.

In broad terms, the paradigm has been flipped on its head: Portfolios now are carefully constructed based on data and marketed by way of narrative story-telling.
Sign In or Register to comment.