In a recent virtual interview with Bloomberg, Oaktree Capital Management co-chair Howard Marks, CFA, shared six thought processes that have guided his decades-long career in finance. “Two patterns stand out,”…
Day: June 4, 2020
Small-Cap Value Gets an Apology
A recent article in Verdad Research defends small-cap value investing by arguing that “though the past few years have been painful for small-value investors, this is perhaps a once-in-a-century buying…
Black Swan Debate Fueled by AQR and a 3,612% Return
A recent Bloomberg article reports that the attention garnered by options-based hedge products that have “dominated the headlines for making a killing in the sell-off” has fueled a fierce debate…
A Comeback for America’s Smallest Stocks
Despite grim economic news, share prices of small U.S. companies are rising rapidly and fueling a debate among investors about how much longer it can keep up. This according to…