Jon Robinson

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DO. YOUR. JOB.

Posted by Jon Robinson on 2/6/19 2:02 PM

Execution is everything

Do your job. This simple three-word phrase has served as the mantra for the New England Patriots and their long-time coach Bill Belichick during their incredible run since 2000. Being from North Carolina, I’m proudly a Panthers fan, but I have always respected and appreciated the ‘Patriot way.’ Six Super Bowl wins in nine appearances is a spectacular achievement, particularly in a sport theoretically geared to ensure parity and discourage dynasties.

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Topics: Advisor Practice Management

Have We Reached Peak Passive?

Posted by Jon Robinson on 12/20/18 10:34 AM

 

The active vs. passive debate reached a fever pitch on Monday when Jeff Gundlach referred to passive investing as a ‘mania.’  As expected, Vanguard quickly defended passive index funds by saying that “the data simply does not support his claims.” There is certainly nothing new about this debate.  It’s been escalating since the first index funds were launched in the mid-70’s.  However, moments like this remind the Blueprint team why we utilize passive index funds in the first place –they are the tools we use to build portfolios on behalf of our clients.

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Topics: Systematic Investing, Behavioral Finance

Our Latest White Paper: The 60/40 Problem

Posted by Jon Robinson on 11/28/18 11:01 AM

 

The movie “Moneyball” has an interesting scene in which General Manager Billy Beane is debating his scouts on how to best replace two key players lost in free agency given the team’s limited budget. The scene contains a back and forth between Beane and several scouts discussing and clearly disagreeing about “the problem.”

“You’re not even looking at the problem”, Beane declares. 

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Topics: Systematic Investing, Behavioral Finance

What the Data (Still) Says About Market Crashes

Posted by Jon Robinson on 9/10/18 2:07 PM

 

Late last year, it was clear to us as we listened to our clients that a correction in the US markets was a primary concern.  There also seemed to be a prevailing wisdom that such a correction, if it occurred, could likely lead to a bear market.  While we do not allow the news or anyone’s feelings about markets to influence our investment decisions, we do use them to inform what we analyze and write about.  This led to a question.  (In my best Dwight K. Schrute voice) “Question: do sharp declines in US Equities act as a precursor to bear markets?  False!”  The data says they do not.

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Topics: Systematic Investing, Behavioral Finance

Free Beta...Finally!

Posted by Jon Robinson on 8/5/18 11:00 AM

 

The announcement by Fidelity Investments on August 1st provided the culmination of a trend long in the making.  Coincidentally, it is also an idea we have discussed privately for many years, and publicly in this blog since last year – FREE BETA.  In what is being hailed as a shocking move, Fidelity has announced the unveiling of two new index funds with a ZERO expense ratio. Vanguard and Blackrock have been offering practically free beta through their ETFs and index funds for years now - but practically free is not free!

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Topics: Systematic Investing, Advisor Practice Management

Forbes interview with Blueprint
60/40 problem CTA block

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