In his MarketWatch column, Mark Hulbert discusses the relationship of market timers and contrarians when it comes to sentiment and market performance. Noting that it is possible “short-term market timers…
Category: All
For all our posts.
A Lesson from the Modesty of Warren Buffett's Recent Returns
Mark Hulbert at MarketWatch highlights Warren Buffet’s annual letter (the link includes a short video summary), but mainly emphasizes one crucial point that he suggests is a broadly important lesson…
Sticking With the Best Alpha Generators
Barron’s profiles Dan Wiener, who runs The Independent Adviser newsletter , founded the firm Adviser Investments, and was ranked number 69 on Barron’s list of the top independent investment advisers.…
The Small-Cap Premium Lives Despite Its Doubters
Larry Swedroe of Buckingham (and director of research with The BAM Alliance) writes on ETF.com that “investors should be suspicious of claims that they can benefit from well-known information,” making…
AAII Sentiment Survey – A Contrarian Indicator?
A brief piece in the Wall Street Journal by reporter Steven Russolillo comments on the American Association of Individual Investors’ weekly survey of sentiment, which is often regarded as a…
NYU Prof, Damodaran, on Price vs. Value: Reading Earnings Reports
NYU finance professor Aswath Damodaran writes in the blog Musings on Markets about “the pricing and value game and how they play out, especially around earnings season.” Contrasting the two…
Adding an Acceleration Factor to Momentum Investing
In a post on the CFA Institute’s Enterprising Investor blog, Joachim Klement of the CFA Institute Research Foundation highlights research suggesting that “one can improve the results of traditional momentum…
Valuations have One Top Manager Sitting on Lots of Cash
Hamish Douglass, manager of the Magellan Global Equity Fund, is holding over 15% of the fund’s $5.4 billion in cash, Financial Advisor reports. The fund beat 99% of its competitors…
Top Economist Ed Hyman Says Recession is a Long Way Off
Advisor Perspectives reports on Ed Hyman’s presentation at the 2016 MIT Sloan Investment Conference, where he said that despite signs of weakness, the next U.S. recession is probably five or…
Rob Arnott of Research Affiliates Says a “Smart-Beta Crash” is “Reasonably Likely”
MarketWatch reports that Rob Arnott, chairman of Research Affiliates, says that smart beta has now become so popular that it is dangerous. Arnott, whose research helped to fuel interest in…