Julian Robertson, founder of Tiger Management and mentor to a generation of investors called the “Tiger Cubs,” died August 23rd at his Manhattan home, reports an obituary in Bloomberg. Robertson,…
Day: August 30, 2022
Recession Nowhere Near 100%, Says Bobrinskoy
In an interview, Charlie Bobrinskoy of Ariel Investments told CNBC that while the market seemed to show more confidence that a recession is looming, he doesn’t believe the chance of…
Beating the Market—By Lying
Fund managers have been changing the benchmarks they compared themselves to in order to make their past returns appear better than they really are, reports an article by Jason Zweig…
Value Investing Has Changed
In a sign of the changing times, tech giant Meta Platforms was bumped into the value stock benchmark Russell 1000 Value Index as a result to lowered earnings growth. While…