by Will Hepburn | Oct 17, 2018 | UpClose
The old Wall Street adage “Sell in May and go away” has some strong support in the data, but probably not in the way most investors think. An excerpt from the book “Why Bad Things Happen to Good Investments,” by William T. Hepburn, explains why and...
by Will Hepburn | Apr 4, 2018 | UpClose
Investor sentiment is a useful gauge of potential market direction, but not the way many investors believe. As a child, I vividly remember the cliff divers in Acapulco who had to time their dives from high on a cliff into a narrow inlet with each wave....
by Will Hepburn | Mar 27, 2014 | UpClose
An ongoing study by Hepburn Capital Management, LLC, (HCM) confirms that missing the best days of the market really doesn’t matter if investors also miss the worst days. The S&P 500 stock index averaged 7.63% annual return (dividends...