A recent Barron’s article shares market insights gleaned from an interview with Harold “Jay” Bowen, who has overseen the Tampa Fire and Police Pension fund’s extraordinary performance since 2000. Here…
Author: Validea
Does Private Equity Beat the Market?
A recent Wall Street Journal article addresses reader comments regarding the uptick in the cash balances held by private equity firms. Below are samples of reader questions and corresponding WSJ…
Inflation and Stock Price Increases Causing Worry
Earlier this month, inflation and interest rate concerns sent stocks into a “historic and nerve-rattling plunge,” but the market rallied shortly thereafter, leading some experts to say that stocks can…
Ritholtz on Hedge Fund Mediocrity
According to Bloomberg columnist Barry Ritholtz, hedge funds are selling public pension funds “an inflated estimate of expected returns,” adding that “it is a challenge to explain why so much…
Ritholtz on Market Trends
In a recent interview with NYU professor and research firm L2 founder Scott Galloway, Bloomberg columnist Barry Ritholtz shares insights about investing, current market trends and what may lie ahead.…
Dalio's $22 Billion Bet Against Europe
Billionaire fund manager and Bridgewater founder Ray Dalio is “leading his firm down a path few other funds care to tread,” that involves selling off European holdings to the tune…
Bond Quality Spread Suggests Economic Slowdown, One Expert Says
The difference between junk bond yields and the rate on quality-rated corporate debt suggests that default risks are rising—”an ominous signal for the stock market,” says the Lakshman Achuthan of…
Tracking Errors and What They Mean to Investors
In a recent Morningstar interview, the firm’s director of manager research, Russ Kinnel, defines tracking errors and discusses how they relate to mutual funds. Kinnel differentiates tracking error from standard…
Harvard Alumni Advise Endowment to Buy Index Funds
According to some Harvard University alumni– who have criticized the school’s endowment fund for underperforming the S&P 500 over the last decade—the school should use the savings it gets by…
Hidden Secrets in Warren's Buffett's Annual Letter to Shareholders
By Justin J. Carbonneau (@jjcarbonneau) — Ok, just to be clear there are no real hidden secrets in Warren Buffett’s Annual Berkshire Hathaway shareholder letter (download the full letter here).…