The consensus of participants in the CityWire CIO Summit, held in May, was that the 60/40 portfolio may not be dead, but “its condition appears to be critical.” The Summit…
Day: July 2, 2021
Capitalism and Value Investing
Although value investors have been “on the wrong side of exuberant financial markets for more than a decade,” both the value and growth approach are necessary in a capitalist economy.…
Financial Advisors Won’t Be Replaced by Artificial Intelligence, Says UBS CEO
In a recent interview with CNBC, UBS CEO Ralph Hamers said that artificial intelligence (AI) will not replace the role of financial advisors and is better suited to handling day-to-day…
Buffett’s Favorite Writer on the Value-Growth Quandary
In a recent interview at his annual Strategic Investment Conference, Oaktree Capital Management co-founder Howard Marks shared his thoughts on value and growth investing with John Mauldin (of Mauldin Economics). …