Why at the Kentucky Derby—as in investing—track records can mislead:
running of the Kentucky Derby. Louisville, home to iconic Churchill Downs racetrack, will be buzzing with over 100,000 fans, there to see the “fastest 2 minutes in sports.” Twenty 3-year old horses will compete for a total of $3mm in prize money.year in a row, I had the pleasure of discussing the big race with Caton Bredar, one of the racing industry’s most noted handicappers.
This year’s Kentucky Derby focus for me is on the issue of “track records.” After all, investors use the phrase constantly, and it was taken directly from the horse racing business. The chart below shows the 5-year return of a variety of different investments, portrayed through ETFs. They cover different areas of the stock and bond markets, as well as commodities. At the far right you can see the annualized returns of each one.
This year is also different because many of the prep races were run on very wet days at tracks around the country. Thus, we don’t really know which horses will run well in whatever conditions exist this Saturday.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Why At The Kentucky Derby, As In Investing, Track Records Can MisleadThis Saturday is the 145th running of the Kentucky Derby. For the 3rd year in a row, I discussed the the big race with Caton Bredar, one of the racing industry’s most noted handicappers. Once again, I have made an analogy between horse racing and investing, which is the purpose of this article.
Consulte Mais informação »
Why Amazon's ad sales growth has slowed (and why it may pick up again)Some of the hype around Amazon's ad business has faded and advertisers are thinking more carefully about which platforms provide the highest amounts of sophistication and return on investment.
Consulte Mais informação »
Rep. Cohen: ‘Barr is a chicken’ for House hearing no-showRep. Steve Cohen, D-Tenn., explains why he brought a bucket of Kentucky Fried Chicken to the House Judiciary hearing after Attorney General William Barr refused to testify.
Consulte Mais informação »
Box Office: Why The Next 'Avengers' Movie Could Be Bigger Than 'Endgame'Would you get equally excited about a Black Panther/Captain Marvel/Spider-Man/Valkryie team-up movie?
Consulte Mais informação »
Shrimp are testing positive for cocaine and scientists don't know whyScientists also found ketamine and a banned pesticides in shrimp.
Consulte Mais informação »
Opinion | The latest shooting attacks show how the U.S. stands apart from the worldOpinion: The latest shooting attacks show how the U.S. stands apart from the world
Consulte Mais informação »
Why Robert Downey Jr. deserves an Oscar for ‘Avengers: Endgame,’ according to its directorsDespite the praise for Downey Jr.’s work, the actor has not received a single major-award nomination as Iron Man — another sign of the apparent bias against superhero roles.
Consulte Mais informação »
Perspective | Chase got trashed on Twitter for promoting penny-pinching. The bank wasn’t wrong. It wasn’t right, either.Perspective: Chase got trashed on Twitter for promoting penny-pinching. The bank wasn’t wrong. It wasn’t right, either.
Consulte Mais informação »
Perspective | The government move that threatens to keep Americans trapped in debtPerspective: The government move that threatens to keep Americans trapped in debt
Consulte Mais informação »