An article on the WisdomTree blog reports that the decade ending September 2018 was the “single worst decade in history” for price-book as a factor-sort of the market and asks,…
Day: February 26, 2019
Rush Hour Traffic and Market Corrections
An article in CFA Institute highlights a “disappointing” statistic from a Gallup survey: “31% of investors would prefer to sit in gridlock than rebalance their portfolios,” and argues that “systematic…
Bill Gross Had the Right Idea
An article in Bloomberg by columnist Nir Kaissar offers insights on the career of “hall-of-fame” bond manager Bill Gross, who announced his retirement earlier this year after what the press…
Jim Grant on Bond's Bull Run
In a recent article for Barron’s, Grant’s Interest Rate Observer founder Jim Grant discusses the 35-year bull run of the bond market, noting that high interest rates at that time…
Takeaways from Berkshire's Annual Letter to Shareholders
Here are some highlights of Warren Buffett’s widely-anticipated annual letter to Berkshire Hathaway shareholders: Format Change While for thirty years the billionaire investing legend has opened with a paragraph concerning…