Narrative

From our A-Team of seasoned subject matter experts, the Narrative is an evolving stream of perspectives and insights on a broad range of financial subjects and asset classes. Please read, enjoy and share.

Author: Jeremy L. Radcliffe
Date: March 24, 2017
Category: Rabbit Hole
Tags: science, medicine, fake news

A methodical dissection of the peer-reviewed studies underpinning all sorts of critical science reveals that they are likely highly flawed.

Read more »

Author: Jeremy L. Radcliffe
Date: March 24, 2017
Category: Rabbit Hole
Tags: Houston, baseball, Bill Simmons, rabbit hole

I get to play GM in this business that we’ve built at Salient, and Ben’s not the only talent I can claim (some) credit for “drafting.”

Read more »

A Man Must Have a Code

Author: Rusty Guinn
Date: March 5, 2017
Category: Things That Matter
Tags: investment philosophy, code, poker, worldview, Dalio, Bridgewater, Dimensional Fund Advisors, DFA

A few years back I worked with the Teacher Retirement System of Texas. I was responsible for hiring ostensibly sophisticated money managers—the type hedge funds and others generally regarded as some of the most intelligent people our society has to offer. But the most impressive people I worked with were not London-based portfolio managers but two of my fellow laborers. At a public pension plan in Austin. Go figure.

Read more »