In his 22-page annual letter to investors, Baupost Group’s Seth Klarman warned that increasing political and social tensions around the globe may end in an economic disaster. This according an…
Day: January 30, 2019
Jack Bogle’s Legacy: The Cost Matters Hypothesis
A recent article in Forbes describes the late John Bogle as “dogmatic and rigid” and a “sanctimonious scold.” But, it adds, “he was right.” Referring to Bogle as the “titan…
Joel Greenblatt Likes Companies That Gush Cash
In a Bloomberg interview with host Erik Schatzker, Gotham Asset Management co-chief investment officer Joel Greenblatt talked about his value investing approach. Greenblatt explained that his firm doesn’t focus on…
Zweig on Investing and Socializing
Wall Street Journal columnist Jason Zweig reported that newly released data from Riskalyze (a California-based firm) reveals state-by-state patterns in investor risk tolerance—using responses from more than 458,000 clients of…
Tudor Jones: Fed Won't Raise Rates in 2019
An article in CNBC.com reports that hedge fund Paul Tudor Jones says the Fed will stop hiking rates in the coming year. “The one thing I would say is there’s…
The Best Fund Managers of 2018
The Wall Street Journal published its Winner’s Circle list of the top stock-fund managers for last year, noting that despite the S&P 500 having the worst December since 1931 and…