About Fund Architects

This author has not yet filled in any details.
So far Fund Architects has created 83 blog entries.


By | October 31st, 2018|Advisor Insights, News|

By William Davis  Back in 1880s, the great Thomas Edison had business interests in more than a few electricity-related companies. In the day, his informal conglomerate included Edison Lamp Company, a lamp manufacturer in East Newark, New Jersey; Edison Machine Works, a manufacturer of dynamos and large electric motors in Schenectady, [...]


The Roebuck Stops Here

By | October 15th, 2018|Advisor Insights, News|

By William Davis  Forgotten, perhaps, in all the sturm and drang surrounding last week’s market meltdown, the great American economy continued to chug along. Companies made things. Customers bought things. Big brown trucks delivered things. Amazon, for its outsized part, catalogued more than $3 billion in sales. Walmart pushed out nearly [...]

Comments Off on The Roebuck Stops Here

The Seller’s Dilemma

By | October 3rd, 2018|Advisor Insights, News|

By William Davis  Story goes that in 1901, Andrew Carnegie sold at once his entire steel empire to J.P. Morgan Jr. (his friends called him Jack, by the way) for a cool $480 million – a sum the Scotsman had scribbled on a piece of paper for the banker’s consideration. It’s [...]

Comments Off on The Seller’s Dilemma

O Brothers, Where Art Thou?

By | September 17th, 2018|Advisor Insights, News|

By William Davis  Or “DAMN! WE'RE IN A TIGHT SPOT!” On an epic Monday morning ten years ago, Lehman Brothers, until the moment one of Wall Street’s most intrepid investment banks, crashed itself into the rocks. Sinking under the weight of more than $600 billion in debt and a boatload of [...]

Comments Off on O Brothers, Where Art Thou?

It Takes a Village

By | September 4th, 2018|Advisor Insights, News|

By William Davis  According to a loose consensus, and by loose we mean a Thesaurus-full of synonyms for arbitrary, bull markets are ongoing rallies that run to a cumulative 20 percent gain without falling 20 percent along the way. A random definition, to be sure, but once the tradition bell rings [...]

Comments Off on It Takes a Village

No Jack, All Beanstalk

By | August 23rd, 2018|Advisor Insights, News|

By William Davis  In the capital markets, “price discovery” is, by definition, the process of setting the proper value of a security. Around the exchanges, investors most times consider factors like supply and demand, current risk attitudes, and the overall economic and geopolitical environment to determine what things are worth. [...]

Comments Off on No Jack, All Beanstalk

A Number Like 10 to the 12th Power

By | August 9th, 2018|Advisor Insights, News|

By William Davis  In the world of big mathematics, “googol” was conceived as a way to represent the large number 10 100, or 10 to the 100th power. In decimal notation, a googol is written as the digit 1 followed by one hundred zeroes (a million, don’t forget, has six). [...]

Comments Off on A Number Like 10 to the 12th Power

Be Afraid

By | July 24th, 2018|Advisor Insights, News|

By William Davis  It’s been a while – a little over 30 years actually – since Ronald Reagan gave us this one: “The nine most terrifying words in the English language are ‘I'm from the government and I'm here to help.’" The President, of course, was referring to the idea [...]

Comments Off on Be Afraid

(Another) Great Moment in ETF History

By | July 10th, 2018|Advisor Insights, News|

By William Davis  The best-recognized and oldest ETF in the universe tracks, simply enough, the massively popular S&P 500. The fund’s AUM, we hear, hovers around a million bazillion dollars. Then, there’s the wildly successful offering that effortlessly follows the MSCI EAFE index, which represents all the major developed markets [...]

Comments Off on (Another) Great Moment in ETF History

Not-So-Special Effects

By | July 3rd, 2018|Advisor Insights, News|

Losses Influence A Portfolio Disproportionately More Than Gains William Davis and Daniel Snover Successful investors will tell you they probably think more about losing money than they do making money. Not that they’re ignoring the hard task of finding winners. They are not. The goal, after all, of anyone [...]

Comments Off on Not-So-Special Effects