In the wake of weak performance for clients and strong gains for Renaissance Technologies employees, chairman James Simons is stepping back from managing his hedge fund. This according to a…
The Only 2021 Market Prediction You Should Not Ignore
While it is typical at the end of any year for “very smart people with access to the best data and vast resources at their disposal” to make predictions about…
The Basics of Momentum Investing
By Jack Forehand, CFA (@practicalquant) We often write about factor investing on our blog. We talk about factors like value, momentum, quality and low volatility and their practical use in the real…
Fed: Possible Win from Rising Bond Yields and Inflation Expectations
A recent article in Reuters reports that Federal Reserve officials are hopeful that a recent rise in U.S. bond yields and inflation expectations may indicate that its new monetary approach…
Wall Street Forecasters Are At It Again for 2021
Despite decades of academic research showing that “nobody can reliably and accurately forecast what the stock market will do,” a recent article in the New York Times reports that Wall…
Buffett’s Favorite Indicator Says Global Stocks are Overvalued
Warren Buffett’s favorite market indicator rose to a 13-year high last weekend, signaling that global stocks are the most overvalued “and ripe for correction” since the financial crisis. This according…
Rob Arnott on Value Investing Outlook
In a recent interview on a Spark Disruptors virtual panel, Rob Arnott of Research Affiliates offered insights and expectations related to value investing. Here are key takeaways from his comments:…
Why Dividend Investing May Be Overrated (Ep. 65)
Dividend based investing strategies are very popular among investors. The ability to receive regular cash payments from the equities they own and a belief that dividend paying stocks outperform the…
Guru Investor Blog Weekly Highlights: 01/15/2021
Here are the articles we found the most interesting on the blog for the week of 01/15/2021. This week we highlight research and discuss whether intangible assets have broken value…
Bill Ackman’s Fund is Still Cheap Despite his Blockbuster Year
Although Bill Ackman is “ending a second blockbuster year in a row,” investors don’t seem to be keen to invest in his Pershing Square Holdings fund, which continues to trade…