by Brian Jacobs | Oct 24, 2025 | Blog, Investment Concepts
As our resident “trend guy,” I sometimes get pulled into conversations with advisors about trend-following strategies. While we as a firm are strictly strategic at the allocation level, we do incorporate trend as a component in some of our funds. I figured I’d...
by Brian Jacobs | Sep 17, 2025 | Blog, Investment Concepts
Some investors still view dividends and coupons as more “real” than selling shares for cash. That made sense decades ago, when trading costs were high. Today, transaction costs are negligible. When the underlying economics are the same, there is little difference...
by Brian Jacobs | Sep 8, 2025 | Blog, Investment Concepts
Over the past two decades, ETFs have become the vehicle of choice for investors. They are liquid, transparent, low-cost, and viewed (often correctly) as highly tax-efficient compared to mutual funds. The secret has always been the in-kind creation and redemption...
by Brian Jacobs | Aug 20, 2025 | Blog, Investment Concepts
If you’re on any form of social media, you’re probably seeing headlines about funds boasting “30 percent yields” and retail investors rushing in. There are even Reddit communities where people claim they can “borrow at 10 percent and pocket the spread” or use these...
by Brian Jacobs | Aug 14, 2025 | Blog, Investment Concepts
Every so often, margin debt headlines resurface as a supposed warning sign for the stock market. The latest iteration: U.S. margin balances have crossed one trillion dollars for the first time. David Rosenberg highlights: “For the first time ever, margin debt has...
