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News & research for the 200-week investor
The Letters.
Industry news, market commentary, and field research on value investing, set-and-forget discipline, and the 200-week moving average.
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What we learned the week ENPH hit its 200-week SMA in 2018.
CMG touched its line in August 2018. Here’s what happened next.
What we learned the week DELL hit its 200-week SMA in 2022.
Momentum and Mean Reversion Both Work. They Just Work on Different Time Horizons.
PANW touched its line in August 2017. Here’s what happened next.
Private Equity for Retail Investors: Mostly a Repackaging of Things You Already Own
What we learned the week ALGN hit its 200-week SMA in 2019.
The week AXON reached its 200-week mean — August 2017.
July 2023: NRG kissed the line.
The week FCX reached its 200-week mean — July 2020.
What we learned the week SLB hit its 200-week SMA in 2022.
July 2020: TPL kissed the line.
LULU touched its line in July 2017. Here’s what happened next.
DVN touched its line in June 2021. Here’s what happened next.
The Case for Emerging Markets When Almost No One Wants Them
WSM touched its line in June 2023. Here’s what happened next.
Monte Carlo Retirement Calculators Are Lying About Your Probability of Success
The Long-Term Investor Really Only Makes Three Decisions
Cap-Weighted Indices Have a Hidden Bias. You Should Choose Your Stance on It Deliberately.
Should You Hedge Currency on International Equity? The Answer Depends on Two Things
What we learned the week MTCH hit its 200-week SMA in 2017.
Dividend Investing Is More Misunderstood Than Either Side Will Admit
What we learned the week BBY hit its 200-week SMA in 2016.
Ergodicity: The Math Concept That Explains Why You Can’t Average Bad Outcomes
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