Author Archive | Wilbur Li


Building better portfolios by forecasting markets

The longer the holding period, the lesser the variation of actual returns from expected ones. Using this principle should allow construction of actively-managed portfolios that outperform passive portfolios.


8 ways long-term investing is rewarded

It’s intuitively appealing that long-term investing by active managers should be rewarded, but a new report quantifies many ways a patient investor can extract extra returns.