Blog

Combining actuarial science practices with a digital approach to measure the risk of irrational investor behavior in investment securities.

It's Human Behavior!

This is a collection of our investing insights, investment research and podcasts examining the risk caused by human behavior and its impact on an investor’s portfolio.

Research

Research papers and Whitepapers featuring deep dives into our Human Factor philosophy and process.

Investing Insights

Case Studies and Insights highlighting specific, companies and events involving the risk of human behavior.

Our Perspective

Blogs, anecdotes and opinion pieces sharing our views on human behavior and the many ways it impacts society and your portfolio.

Matthew Waterman, Investment Writer, New Age Alpha May 23, 2022 3:48:34 PM 9 min read

Noise and Bias in Your Investment Portfolio

In Daniel Kahneman’s book, Noise: A Flaw in Human Judgement, Mr. Kahneman uses a ...
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Matthew Waterman, Investment Writer, New Age Alpha May 2, 2022 11:59:18 AM 7 min read

Growth, Growing and Grown Ups: Mature Investment in a Rising Rate World

It may sound like a bad joke: “What do prisoners, senior citizens and market investors ...
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Andy Kern, Senior Portfolio Manager, New Age Alpha Mar 2, 2022 2:00:43 PM 9 min read

The Arithmetic of Asymmetry

Anyone who has played a casual game of darts, say, at a bar or in the basement, knows an ...
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Matthew Waterman, Investment Writer, New Age Alpha Jan 26, 2022 10:32:48 AM 8 min read

Moneyball Investing: The Real Reason Swinging for the Fences is Bad for Your Portfolio

One of the more iconic scenes in the movie, Moneyball, involves the baseball scouts ...
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Matthew Waterman, Investment Writer, New Age Alpha Nov 17, 2021 1:47:52 PM 8 min read

Maybe Listen to the Outsider? He Sees Risks Differently

Ahmed Zayat was ready to sell. 152 one-year old horses were set to go to auction and ...
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Matthew Waterman, Investment Writer, New Age Alpha Nov 4, 2021 11:21:01 AM 9 min read

Investment Odds - Know the Number

In Iceland, there is a sign near one of its famed hot springs that announces, “You are ...
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Konstantin Tourevski, CFA, Head of Fixed Income Oct 8, 2021 9:14:13 AM 6 min read

Compression in the High Yield Market: What do Diamonds and Investing Have in Common?

Like investing itself, there seems to be a lot of misinformation circulating about ...
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Matthew Waterman, Investment Writer, New Age Alpha Sep 16, 2021 11:55:53 AM 8 min read

In Both Football and the Market…What You Don’t Know WILL Hurt You

If one thing in life is true, it’s that what you don’t know WILL hurt you. Just ask that ...
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Andy Kern, Senior Portfolio Manager, New Age Alpha Jun 30, 2021 2:53:31 PM 10 min read

Rising Rates, Rising Stock Prices, and the Juiced Baseball

The prospect of higher interest rates has many investors concerned. It should. Since at ...
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Matthew Waterman, Investment Writer, New Age Alpha Jun 10, 2021 1:02:45 PM 9 min read

The Investment Odds Don’t Need to be Stacked Against You

Imagine you’re sitting, minding your own business, and your buddy, Louie, shoulders up to ...
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Andy Kern, Senior Portfolio Manager, New Age Alpha May 18, 2021 1:02:23 PM 8 min read

Valuation Trepidation: There IS a better way to approach stock prices.

What drives the value of a stock? When someone gets behind the wheel of a car for a long ...
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Matthew Waterman, Investment Writer, New Age Alpha May 10, 2021 9:36:09 AM 8 min read

Probabilities in Investment Management…and Low Earth Orbit

While the Kessler Syndrome, or Kessler Effect, isn’t spoken of widely in social circles, ...
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