Featured entries from our Journal

Details Are Part of Our Difference

Embracing the Evidence at Anheuser-Busch – Mid 1980s

529 Best Practices

David Booth on How to Choose an Advisor

The One Minute Audio Clip You Need to Hear

Category: Education

Video Clip: Keeping It Real in Evidence-Based Investing

Is there such a thing as too much knowledge? There can be! It’s called “the curse of knowledge” when we forget that nobody will have a clue what we’re talking about if we leap right into the deep end of investment theory.

That’s why our first responsibility is to recreate those same, “ah-ha!” moments that we’ve already enjoyed. Today’s video with journalist Robin Powell does just that, for those of you who are wondering what this “evidence-based investing stuff” is all about, as well as for anyone who could use a handy, two-minute reminder. Enjoy!

Robin Powell and Matt Hall on Evidence-Based Investing from Hill Investment Group on Vimeo.

Happy Birthday to “Odds On”

We’re big on celebrating milestones here at Hill Investment Group. Along those lines, what better excuse for cake and bubbly than the one-year anniversary of the “Odds On” book launch?

That’s what my HIG colleagues thought when they threw me an April 12th surprise party to celebrate. Our team is truly inspired by the way “Odds On” has allowed us to share a message of evidence-based hope to investment advisors and investors alike.

As I expressed in the first sentence on the first page of the book’s intro: “I want this book to change your life.

I can’t tell you how exciting it’s been to see it do just that for so many who have been kind enough to let me know what the book has meant to them. I have collected some of my favorites and now have more than 21 pages of feedback and more than 100 reviews on Amazon. Here’s what one reader shared with me recently:

“Matt: I started reading your book this morning and now find myself emailing you after just finishing the entire thing. As a young financial advisor, very new to the business and working for a wire house firm, I too noticed everything you described in the opening chapters. … Until I picked up your book, I was losing hope for our profession. Work was dreaded. The days long. My outlook bleak. But after reading your book, I realize there is hope. There are people out there who understand and care. Your book gave me a much needed breath of fresh air. Now, more than ever, I am excited to help others and build a business centered around evidence based investing.”

To have the opportunity to impact other financial professionals who want to do right by their clients? I don’t know if I could ask for much more out of life.

Beyond leveraging “Odds On” to reach out to readers, we were also delighted to begin donating the profits from all of the sales to charity. We’ve already made our first donation and look forward to making many more as book sales continue.

So, happy first birthday to “Odds On,” and many more!

Illustration of the Month: Going Global by Market-Cap

As we explored in our accompanying article, “Going Global: What Does It Really Mean,” we are a huge part of the world when viewed by market cap, as the slide below shows. Thinking only in terms of landmass can distort investment decisions. Directly comparing the markets of nations produces some surprising results. Measures such as population, gross domestic product, or exports do not directly indicate the size or suitability of investments in a market.

This slide (one of our favorites) illustrates the balance of equity investment opportunities around the world. The size of each country has been adjusted to reflect its total relative capitalization.

Of course, the world is in motion—there is no fixed relationship between markets, and their proportion can change over time. Viewing the world this way brings the scope of diversification into new light and helps clarify allocation decisions.

A country’s equity market capitalization, or market cap, reflects the total value of shares issued by all publicly traded companies and is calculated as share price times the number of shares outstanding.

 

Global-Diversification-Illustration-550px
Click to enlarge
Featured entries from our Journal

Details Are Part of Our Difference

Embracing the Evidence at Anheuser-Busch – Mid 1980s

529 Best Practices

David Booth on How to Choose an Advisor

The One Minute Audio Clip You Need to Hear

Hill Investment Group