In a wide-ranging recent interview with Fox Business News, Vanguard founder John Bogle says it’s reasonable to expect stocks to return about 7% to 8% per year in this decade,…
Category: Historical Lessons
What Do P/E Ratios Mean for the Market in the Short Term? Not Much, Says Hulbert
Is the stock market overvalued? Undervalued? In the short term, MarketWatch’s Mark Hulbert says, it probably doesn’t matter. In an interview with MarketWatch’s Laura Mandaro, Hulbert says that the market’s…
Dividends and "Corporate Scrooges": WWBGD (What Would Ben Graham Do)?
While U.S. companies have been raking in big profits since the end of the Great Recession, much of those profits are staying locked up on corporate balance sheets. And, in…
The "Seven Immutable Laws of Investing"
In a recent white paper, GMO’s James Montier takes an interesting look at what he says are “The Seven Immutable Laws of Investing”. The first rule, on which Montier spends…
Fisher Sees Change in Leadership; Dumps Emerging Market Stocks
Saying that investors have gotten too bullish on emerging markets, Kenneth Fisher sold more than $1 billion in emerging market exchange-traded funds in the first quarter. “This is about sentiment…
Hussman: It's Still a Secular Bear
Top fund manager John Hussman remains quite bearish on the broader market, saying that investors who try to ride the market’s recent momentum are getting close to “ensur[ing] themselves maximum…
Greenblatt on Value, Time, and Discipline
In an interview with Barron’s, hedge fund guru and author Joel Greenblatt talks about how and why value-focused strategies tend to beat the market over the long haul, and where…
Demographics, Growth, and Stock & Bond Returns
We recently highlighted data about the changing demographic make-up of the U.S., and the issue of what that means for the economy and stock market. Now, a new study shows…
Grantham: Time to Dial Back Risk -- Though It Might Be Too Early
GMO’s Jeremy Grantham has released the second half of his first-quarter letter, and in it he recommends dialing back risk — though he admits he may in the end prove…
Ritholtz Talks Economy, Market
Barry Ritholtz of FusionIQ and The Big Picture blog remains bullish on stocks for the short-term, and says the economy is behaving just as one would expect following a credit…