The volume of financial content that is produced these days can be completely overwhelming. Filtering through it to find the best articles is a task that most investors just don’t…
Day: October 22, 2020
Berkshire Announced $19 billion in Investments After Buffett Blasted for Not Buying
A recent Business Insider article reports how Warren Buffett was “fiercely criticized for not deploying Berkshire Hathaway’s vast cash reserves when markets tanked earlier this year,” but that his team…
Low Interest Rates Might Not Last Forever
A new book by Charles Goodhart (London School of Economics) and Manoj Pradhan (Talking Heads Macro) argues that the prolonged period of near-zero interest rates may be coming to an…
If Everyone Buys a Boutique Asset Manager, There Goes the Alpha
Asset managers are “increasingly on the hunt for independent boutiques” in the search for alpha and to differentiate themselves “with actively managed strategies that can’t be easily replicated.” The problem,…
This Value Fund Likes Walmart Stock
A recent article in Barron’s profiles Pioneer Investments lead manager and value investor Jeff Kripke, who took over the firm’s 92-year-old flagship portfolio (the $6 billion Pioneer Fund) in 2015…
Harvard Economist Finds Surprising Pandemic Impacts at Both Ends of Wealth Spectrum
At the outset of the coronavirus pandemic, Harvard economist Raj Chetty and his team “dropped everything—including work on inequality in housing, higher education, and longevity—to document the pandemic’s lopsided impact.”…