Whereas purchasing stock once meant figuring out how many shares you could afford, “now you can pay whatever you’re willing to spend, even if that amounts to pocket change,” according…
Day: February 1, 2021
Bill Miller’s Market Insights from Q4 Letter
“One of the lessons of 2020 was the uselessness of the annual New Year’s ritual of market forecasting,” wrote Miller Value Partner’s founder Bill Miller in a recent letter to…
2020’s Top Performing Hedge Funds
The hedge fund industry earned $127 billion in 2020, “with some of the biggest firms dominated by human traders racking up record profits.” This according to data from LCH Investments…
What’s Behind the Losing Streak for Value Investors?
In the first of a three-part series for The Washington Post, Bloomberg columnist Nir Kaissar discusses the recent, abysmal performance of value investing strategies. Here are some takeaways from the…
Guru Investor Blog Weekly Highlights: 01/29/2021
In our weekly summary of the best posts on the Guru Investor blog, Jack Forehand and Justin Carbonneau discuss the original content we produced and their favorite outside articles we…
The Impact of Intangible Assets on Value Investing (Ep. 68)
Our economy is changing. Gone are the days where the biggest companies require substantial physical assets to operate and grow their businesses. Most of the companies that dominate our economy…