Research from NYU and Columbia University shows that hedge fund managers that invest in their own funds deliver the best results, according to a recent article in Institutional Investor. In…
Author: Validea
Buffett now Largest Shareholder in Bank of America
Now that Bank of America got the Fed’s green light to up its dividend to 48 cents a share (a 60% hike), Berkshire Hathaway has decided to exchange its preferred…
Small Companies on the Decline, says Zweig
The number of publicly-traded companies has declined by half over the past two decades, with most of the decrease attributed to the smallest companies, writes Jason Zweig in last week’s…
Validea Hot List Newsletter: Mid-Year Review
Our June 30th issue of the Hot List Newsletter provides an overview of the market and economy for the first half of the year. Here are some highlights: The…
Index Fund Pioneer Warming to Computer-Generated Trading
Princeton economics professor Burton Malkiel, who started the first passive index fund for Vanguard in 1976, has experienced a “remarkable change of heart,” according to a recent article in the…
Odds of Recession in U.S. are Modest, Higher in U.K.
While, historically, an inverted yield curve (short-term rates above long-term rates) has preceded the end of a bull market and the beginning of a recessionary environment, a recent Barron’s article…
Berkshire's German "Eyes and Ear" Scouts Acquisition Targets
Berkshire Hathaway is known to rely on outside input to identify potential acquisition targets, and one particular European-based scout has become Buffett’s “eyes and ears” in Germany. This according to…
The Genesis of Market Bubbles
The concept of market bubbles and how they come about is addressed in a recent report authored by Morgan Housel of Collaborative Fund. In the report, Housel supports the following…
Be Like Buffett and Avoid Pessimism
The human brain is hard-wired to hold on to negative ideas and events more than positive ones, which can manifest itself in investor behavior, explains Validea CEO John Reese in…
Quant Strategies Dominating the Market
The growing popularity of quantitative over traditional investment strategies is causing the “largest gap on record between humans’ and computers’ gross exposure to U.S. equities,” according to a recent Bloomberg article…