Warren Buffett knows the insurance business like the back of his hand, and openly raves about how it allows companies to “invest in other people’s money and keep all the…
Day: January 27, 2017
AQR's Antti Ilmanen Predicts Low Returns
Low expected returns are going to anchor bad news for all of us for the rest of our working lifetimes, warned AQR principal and researcher Antti Ilmanen at the 2016…
The Market is Calmer than it Seems
Last year’s Brexit vote and presidential election results upset the stock market apple cart, giving hope to hedge fund managers and mutual fund stock pickers who claim that underperformance has…