Description: Investment Fallacies: The Fallacy of the Fed Model

Description: Presents results of 2003-2012 cohorts of insurance company private placement bonds. Finds private bonds show a 15bp annual advantage relative to public bonds, due to lower loss severity.

Description: Investment Fallacies: The Misconceptions of Retirement Risks

Description: E-book contains 16 topical essays that express the opinions and thoughts of a number of authors on the subject of Investment Fallacies.

Description: This article lists potential problems as a result of the elimination of Thirty-Year Treasury Auction Issue. Some problems mentioned are 1 discounting pension liabilities, 2 bond market 3 swap curve and 4 liquidity.

Description: Investment Fallacies: On the Validity of Common Portfolio Return Assumptions

Description: Investment Fallacies: Extended periods of robust macroeconomic growth are healthy for investing.

Description: After reading the Panjer-Bellhouse paper in the Proceedings of the Ball State University Conference, I wondered whether their technique could be used when a realistic investment process was assumed. I believe that such an extension is necessary if the theory is to have any practical application I have had little success in trying to do this. I have decided to present some thoughts and to invite others with different perspectives to bring them to fruition.

Description: Investment Fallacies: The "Dollar Bill" Fallacy

Description: Investment Fallacies: Future Equity Returns