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Beta: A Powerful But Faulty Tool For Managing Risk
Beta: A Powerful But Faulty Tool For Managing Risk
Authored by Michael Lebowitz via RealInvestmentAdvice.com,
When investors want to reduce risk, one commonly used tool is beta. For instance, an investor may sell higher-beta stocks and replace them with lower-beta ones to cushion against an expected market decline. Such a strategy is intuitive and widely used; however, it can be greatly flawed.
We recently received a question from a client about how we use beta to manage our portfolios. Given recent volatility and declining prices, the timing could not be better to...
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Aug 26, 2026 / Tyler Durden
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The surprise visit by the director of the Central Intelligence Agency to Moscow this week was to deliver a warning to Russia not to attack NATO countries, according to people briefed on the visit.
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Iran Denies Negotiations With US After Trump Announces Talks For Monday Afternoon
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President Trump now says new talks with Iran will begin Monday afternoon after he called off a planned "massive attack" - following high level Saudi intervention, and also likely White House advisors and Pentagon leadership failing to agree on a strategic vision.
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Ever since Russia invaded Ukraine in February 2022 with a goal of excising the Russian-speaking Donbas region, American and Western European officials have repeatedly said they and their countries are duty-bound to support Ukraine because, as Nancy Pelosi put it, "The battle for Ukraine is a battle for democracy itself." That notion has been growing ever more farcical over time, as President Volodymyr Zelensky refuses to hold elections that were supposed to happen back in the spring of 2024....
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