Weekend Reading – Skis vs Bikes: The Untold Story Of Diversification & Career impact on your portfolio
Weekend Reading is a collection of Investment Research and Lifestyle topics from all corners of the Web. We source the highest quality insights from Wall Street and Main Street that you may apply to your investment process. Unlike the rest of Bankeronwheels.com, this series is provided without additional guidance. As usual, everything is to be used at your own risk. Below is the type of content we shortlist:
Gold is money, everything else is credit
Featured
ETF Fees – How They Work & How to Minimise Them! (Banker on Wheels)
Over the past two decades, Index Investing became attractive, partly due to low ETF fees. While you can’t avoid fees altogether, minimizing them is vital for maximizing your long-term returns. What are the different fees, and how do they compare to single Stocks or old school Mutual Funds? Ready to safeguard your returns from unexpected fees? Let’s dive in!
Portfolio Construction
Asset Allocation
Skis & Bikes: The Untold Story of Diversification (CAIA Association)
The article shows how diversification can provide the opportunity to invest in a variety of risky assets – with commensurately high expected returns - but at a fraction of the total risk that an investor would endure with any single asset on its own. By investing in variety of assets that can thrive in different economic regimes we can protect portfolios against an uncertain future. The most fundamental principle of investing is diversification.
Understand Financial Markets
How To Invest
Active Investing
Factor Investing
In Pursuit of Trend-Following Beta: The Promise and Pitfalls of Replication (SSRN)
Against the background of a large body of research documenting the benefits of allocating to trend-following strategies, this paper identifies two related challenges facing potential allocators: mis-specifying and poorly executing a trend-following program oneself or selecting a manager who does the same. Both risks can overwhelm the diversification benefits of the strategy and so we examine whether they can be mitigated through replication of a broad index of trend-following funds.
In this episode of Excess Returns, we sit down with Larry Swedroe to tackle some of the most pressing issues in investing today. We dive deep into topics that are on many investors' minds, including: - Is value investing still effective in today's market? - How is the rise of passive investing impacting market efficiency? - Should we be concerned about market concentration? - Is international diversification still important? - What role will artificial intelligence play in investing? Larry brings his decades of experience and research to bear, challenging common assumptions and offering nuanced perspectives that often go against conventional wisdom.
Discretionary Investing
Why Most Stocks Will Lose You Money w/ Professor Hendrik Bessembinder (We Study Billionaires)
Clay is joined by Professor Hendrik Bessembinder to discuss his renowned research on the performance of individual stocks. Professor Bessembinder is a finance professor at Arizona State University known for his research on stock performance and extensive consulting experience.
Sustainable Investing
Do Sustainable Funds Outperform? (Banker on Wheels)
This article is part of Bankeronwheels.com definitive guide to Sustainable Investing. We previously busted the first myth surrounding ESG. Wall Street didn’t want you to know that ESG Ratings are not about protecting the planet. And yet, over the past few years, ESG investments have, sometimes significantly, outperformed. Today, let’s bust the second myth by looking at academic research. Despite all you read on this topic, this outperformance will not last.
Alternative Asset Classes
- How Banks and Private Credit Became the Best of Frenemies (Oddlots)
- It’s time for equity investors to broaden their portfolios beyond the US tech giants (Goldman Sachs)
- Artificial Intelligence, Textual Analysis and Hedge Fund Performance (Alpha Architect)
- Gold: ‘the ultimate perceived safe haven asset’? (FT Alphaville)
Wall Street
ETFs
UCITS ETFs
US ETFs
Wealth Management
Personal Finance
- The Millionaire Next Door (Book Review) (Banker on Wheels)
- Living Your Authentic Life, Managing Finances, Embracing Creativity (Talking Billions)
- High Earner Not Rich Yet (A Wealth of Common Sense)
- Cities With the Most Centi-Millionaires (Visual Capitalist)
- How Many Europeans Own Their Homes? (Voronoi)
Advertisement
COMPARE THE BEST BROKERS
- Unique & Comprehensive Methodology
- Absolute Scores Across All Brokers
- Category Rankings
- Each Week New Broker Reviews From The UK & Europe
- Exclusive Bonuses When You Open An Account
Reviewed by Bankeronwheels.com
Advertisement
Platforms
Swissquote Review: A Swiss Tier 1 Broker (Banker on Wheels)
Swissquote has a premium feel, great availability worldwide and a huge range of financial products and services. Combined with solid customer service and its position in the Swiss banking industry, these features make the platform an attractive option for globally mobile and security conscious customers. However, it can feel like a luxury Geneva shopping mall, with everything available but nothing discounted. That said, costs vary by branch and the Luxembourg entity is quite competitive.
(Early) Retirement
The Top 10 Books on Financial Independence You Should Read (Financially happy)
Have you ever dreamed of breaking free from the daily grind, gaining the freedom to do what you love, without worrying about money? That’s the promise of financial independence—and it’s more achievable than you might think. One of the most effective ways to get started on this journey is by learning from those who’ve already been there. Books are powerful tools for transforming your money mindset and igniting the motivation needed to make your dreams a reality. Here, we’ve compiled a list of ten books that can help you understand, plan, and achieve financial independence.
Financial Advice
Ask Your Advisor These Questions Before Investing in Model Portfolios (Morningstar)
A model portfolio is basically a recipe for how to build a portfolio. The types of model portfolios are most popular with advisors are your building blocks, mainly the core 60/40 type portfolio. Outside of these allocation model portfolios, advisors are using income-focused models, all-equity models, all-fixed-income models. Some of the advantages of model portfolios over other investment options for investors is that they’re usually like all-in-one solution and tend to be very low cost. One of the disadvantages of model portfolios over say straight mutual funds or ETFs is that there’s a little less transparency around it. Ask if your advisor is using a model portfolio. Then, ask about the track record and how the advisor is measuring success.
Design Your Lifestyle
Personal Development
- Jason Zweig talks about his life, career, books, and Benjamin Graham, host Rick Ferri (Bogleheads)
- The Three Domains of Freedom with George Kinder (humanvsretirement)
- Nassim Taleb - The Secret Rule That RUNS The WORLD (Picking Nuggets)
- Treat Your To-Do List Like a River, and Other Mindset Shifts for Making Better Use of Your Time (Art of Manliness)
- Learnings from 1,000+ Near-Death Experiences — Dr. Bruce Greyson, University of Virginia (The Tim Ferris Show)
Careers & Entrepreneurship
Citi Report On AI (Citi Bank)
Which human skills will come to the fore as artificial intelligence advances? It’s a question that comes up time and again. A new report from Citi GPS seeks to answer it. We frame the debate around six key problems and potential solutions, building on previous Citi reports about how technology, including AI, will impact the future of work.
Travel
How You Can Cycle The World – A Practical Guide (Banker on Wheels)
While you may be here to read about investing, some of my readers were curious about ways to travel the world on a bike. But also to lower costs of travel, in general. Here are my key practical insights to get started, and an example of setup that can help you discover some of the most unique, and untapped places on our beautiful planet.
Tech & Economy
Economy
Tech & Science
And Finally
Good Luck and Keep’em* Rolling!
(* Wheels & Dividends)
Trade Wars, Real Wars, but Equities Close To All-Time Highs: Is It A Good Time To Invest?
7 Reasons Why Japan May Be Your Next Cycling Adventure
Nomads in 2026: Genki vs SafetyWing – Which Travel Insurance Wins?
How You Can Cycle The World – A Practical Guide
Weekend Reading – Vanguard Cuts Fees across 15 ETFs & IBKR launches prediction markets
🤔 Wondering why finding honest Investing Guidance is so difficult? That’s because running an independent website like ours is very hard work. If You Found Value In Our Content And Wish To Support Our Mission: