In an investor call last October, fund manager Bill Miller of Miller Value Partners shared market insights and observations. Here are some highlights: “It’s the beliefs and expectations that really…
Category: All
For all our posts.
Study Claims That the Momentum Factor Doesn't Work
A new study from Dimensional Fund Advisors concludes that fund managers “can’t find a way to profit” from the momentum factor, according to an article in Institutional Investor. The study,…
New Research Shows Charities are Bad Investors
An article in The Wall Street Journal reports a new study which shows that while many nonprofits “promote great causes, few are great at managing money.” The study, which evaluated…
Bridgewater's New Brain is a Millennial Woman
A recent article in Forbes profiles Karen Karniol-Tambour, head of investment research at Bridgewater Associates, the world’s largest hedge fund (assets totaling $160 billion). Karniol-Tambour, the article says, “directs a…
Our Beliefs Don't Predict Economy
An article in The New York Times by Nobel Laureate Robert Shiller argues, “The more we learn about how people really think, the more we must rethink economic theory.” Shiller…
Market Insights from Epoch Co-Founder David Pearl
An article in Barron’s offers comments from David Pearl regarding his market outlook and “why free cash flow remains his yardstick of choice.” Here are some highlights: We are in…
Goldman: Commodities Will Surge This Year
Goldman Sachs is predicting 17 percent returns in the commodities market in coming months, according to an article in Bloomberg. In a report from the firm, analysts stated, “Given the…
Burton Malkiel's Review of Howard Marks' Mastering the Market Cycle
An article in The Wall Street Journal offers Burton Malkiel’s review of Howard Marks’ new book, Mastering the Market Cycle. According to the article, the book focuses on Marks’ belief…
Gundlach Warns Corporate Bond Investors
An article in Advisor Perspectives gives an overview of comments by DoubleLine Capital chief investment officer Jeffrey Gundlach regarding the corporate bond market. In a podcast last November, Gundlach reportedly…
Grim Stock Signals Accumulating
An article in Bloomberg discusses what market indicators seem to be saying about the economy, adding that “while few see incontrovertible signs investors are bracing for a recession, it’s a…