David Swensen, veteran investment chief of Yale University’s $31.2 billion endowment, has a clear message for the firms that manage the school’s money: Hire more women and minorities, or you…
The Life Cycle of Investing Factors
By Jack Forehand, CFA (@practicalquant) Factor investing has grown rapidly in recent years. Although it is difficult to quantify the exact dollar amount of money following factors, it is likely…
Mario Gabelli on the Macro and Micro Economic Landscape
In a recent CNBC interview, GAMCO chairman and CEO Mario Gabelli shares insights regarding the post-election investing landscape. Regarding his focus, Gabelli said “we look at the economic landscape with…
Joel Greenblatt Talks Common Sense and Inequality
In an August interview with Consuelo Mack of WealthTrack, value investor Joel Greenblatt discusses his new book, Common Sense: The Investor’s Guide to Equality, Opportunity and Growth and his views…
Gridlock in Washington Good for Wall Street?
In a recent MarketWatch article, contributor Mark Hulbert argues that U.S. equities have performed best when political power is divided. According to Hulbert, “it is increasingly looking as though gridlock…
GMO’s Jeremy Grantham on What America Needs Now
GMO founder Jeremy Grantham recently wrote that “the combination of depressed economic growth, rising inequality, negative real interest rates and now the economic impact of Covid-19 makes this the most…
Are Flows Into The S&P 500 And Other Major Market Indices Distorting The Market? (Ep. 51)
There is little disagreement among market observers that passive investing is growing. There is also little dispute that the trend is likely to continue as a result of the rise…
The Birth, Growth & Death of Investing Factors w/ ReSolve Asset Management's Adam Butler
Many investors have come to accept the fact that the major factors like value and momentum will produce excess returns over the long-term. But what if the fact that these…
2020 May Still See Strong Fourth Quarter Gains
In an October interview with CNBC, Ally Invest’s chief investment strategist Lindsey Bell said that despite stimulus gridlock, election uncertainty and the coronavirus’ path, it’s still possible that the S&P…
Value Bulls Were Hoping for Democratic Sweep
Value stock bulls argue that a blue wave would lead to “a massive stimulus package to rev up the economy and spur inflation,” setting the stage for a rally in…