Author: Steve Hanly

  • Mid-Cap Value Outperformance: Consistently Beating the S&P 500

    What area of the market offers the best risk-adjusted returns?  Is there a better index to passively invest in and track than the S&P 500? I’ve always assumed there to be a risk/return relationship between market indexes; but when I began diving a little deeper into the historical data it quickly became apparent that there…

  • Historical Risk versus Return of Stocks and Bonds

    Stocks are risky but they generate high returns.  Bonds are safer but they offer proportionally less returns.  Investors may think that combining these asset classes in a portfolio linearly scales risk versus return.  For the most part this is true; but due to a lack of correlation between these assets, combining them in a portfolio can actually…