Value investor and author Guy Spier discusses his philosophy on investing, which includes taking a long term perspective, not reacting to news and pundit predictions and keeping an arm’s length…
Category: Gurus
High Conviction Buybacks = Superior and Consistent Long Term Returns
The team over at O’Shaughnessy Asset Management (OSAM) conducted a study of corporate stock buybacks going back to 1987 and the research shows that firms who engage in high conviction…
Binary View On the Markets is Not the Best Long-Term View
Morgan Housel of The Motley Fool looks at twenty different corrections or bear market periods since 1947 while at the same time examining the market’s long term growth over that…
Is it Time for Value Stocks to Shine?
The relative underperformance of value stocks (low P/E, low P/B) stocks could come to an end soon according to this Barron’s piece. While growth stocks typically outperform value in periods…
Shiller Voices Concerns Over Market
Prof. Robert Shiller is voicing concerns over multiple factors right now, including the high CAPE ratio (the P/E of the market using 10 years’ worth of earnings) and the increased…
15 Year Mean Reversion Figures Could be a Good for Stocks According to Wall Street Pro
Joe Rosenberg, former CIO at the conglomerate Loews and Wall Street veteran, is bullish on the market long term. Rosenberg, who has been involved with the markets for over 50…
A Sound Way to Protect Your Assets From a Bear
Mark Hulbert, writing for the Wall Street Journal, explored what asset classes performed the best during a bear market. He found that, “Almost every stock-market sector has suffered in each…
El-Erian: Expect Major Volatility – and Big Opportunities
Mohamed El-Erian, says to expect major volatility in the coming months — volatility that will create some great opportunities. “We have a bumpy road ahead of us, but I keep…
Study Shows Risks of a Concentrated Stock Portfolio
Believers in holding concentrated portfolios may think a bit differently after reading J.P. Morgan’s report titled “The Agony and the Ecstasy: The risks and rewards of a concentrated stock position“ (hat…
Tepper: Valuations, Earnings and Margins Have Him Cautious
David Tepper, founder of the Appaloosa Management, is far less bullish on the US equity markets than he was a few years ago. Tepper believes now could be a time…