May 31, 20223 minTax Planning for RetirementThe strategies employed while tax planning for retirement are different from the strategies you employ to minimize taxes while working....
May 27, 20223 minWelcome to Invariant Investment ManagementOn behalf of the entire Invariant family, we would like to thank you for taking the time to visit our website. We hope that as you...
Jan 18, 20224 minProfitability Premium: Risk-based or Behavioral?When implementing quantitative investment strategies, it is generally believed that you should understand the economic rationale of why a...
Nov 16, 20212 minWealth Management for Private Equity ProfessionalsIntroduction Although many early career private equity professionals fall into the HENRY (high-earner-not-yet-rich) category, the access...
Nov 2, 20214 minProposed Tax Code ChangesProposed Tax Changes (with thanks to Akram and Associates) On September 15th, the House Ways and Means Committee approved its sections of...
Oct 26, 20212 minDrawdown Profiles of Simple U.S. Stock/Bond Allocations – Jan 1972-May 2021One of my favorite heuristics for determining an investor’s willingness to take risk and, subsequently, an appropriate asset allocation,...
Oct 12, 20214 minAcademic Paper Review: "The Behavior of Individual Investors" A key pillar of Invariant’s investment philosophy is that “Behavioral mistakes can derail even the best investment plans and strategies.”...
Oct 5, 20213 minManaging Concentrated HoldingsConcentrated positions, whether publicly traded or privately held, have implications on clients’ financial plans. They can arise from...
Sep 14, 20213 minProfitability Alpha: A Factor Investing StrategyFactor Investing: The Profitability Factor This post will introduce Invariant’s large cap U.S. single stock strategy – Profitability...
Jun 12, 20213 minA Primer on Asset AllocationThe first tenet of Invariant’s investment philosophy is “The primary determinants of investment success are appropriate asset allocation...
Jun 12, 20212 minBehavioral Mistakes Can Derail Even the Best Investment PlansCreating a financial plan is the first step toward building a successful Advisor/Client relationship – mapping the investment strategy...