Michael Burry, whose bet against mortgage securities before the 2008 crisis was immortalized in the film “The Big Short” sees another contrarian opportunity in what he characterizes as a “bubble”…
Day: September 13, 2019
Can Steven Schwarzman and Private Equity Beta Be Replicated by Quants?
Quant asset managers are increasingly replicating the performance of private equity in order to give investors access to the same beta for a fraction of the cost. This according to…
Swedroe: Keep Believing in Warren Buffett Despite Berkshire's Underperformance
The stock market may be “crushing” Berkshire Hathaway, but that doesn’t mean Warren Buffett has lost his touch, according to a recent MarketWatch article by Larry Swedroe, chief research officer…
Economic Optimism in Order
Despite the fact that U.S. consumer sentiment has dropped and business activity seems to be slowing, a “period of sluggish growth looks more likely than an outright recession,” according to…