Insights

“Gamification.” It’s perhaps an odd word, but it’s a cool concept that’s become popular among many types of businesses. In its most general sense, the term refers to integrating characteristics of game-playing into business-related tasks to excite and engage the people involved.

The most interesting developments to happen this quarter have centered on this idea: fundamentals matter—again. They always matter but sometimes narratives take over, causing investors to overlook things like cash flow, debt levels, and profits. In that environment the best offense is a good defense.And that’s the topic of this memo: defensive investing. It’s a topic born from a 1975 article in the Financial Analyst’s Journal which referenced Dr. Simon Ramo’s book Extraordinary Tennis for the Ordinary Tennis Player.

Data analytics are becoming a meaningful part of defined contribution plan governance for retirement plan fiduciaries.