Buying something for less than it’s worth is alive and well, writes Morgan Stanley’s Michael Mauboussin in a recent article for the Financial Times. “You might not know that by…
Eight Timeless Lessons All Investors Can Learn From Warren Buffett (Ep. 60)
No investor can match the combination of Warren Buffett’s annual returns and the period of time he has been able to sustain them. Buffett has generated those returns in a…
Interview: Making Sense of Fed Intervention, Fiscal Stimulus and MMT with Cullen Roche
The way economic policy is implemented has undergone some major changes in the past decade. The Federal Reserve’s response to the Great Financial Crisis, and the continued quantitative easing in…
Five Lessons from Our Most Downloaded Podcasts of 2020
By Jack Forehand, CFA (@practicalquant) When we started our podcast, Excess Returns, late last year, I was hoping we could create something that would be educational and informative for people…
With Fewer Choices, Chasing the Right Stocks to Buy is Critical
A recent article in Investor’s Business Dailyreports that fewer stocks available in the market “still means huge opportunities for investors willing to do the work to find the best stocks…
$100 Billion in Trades Triggered by Tesla’s S&P 500 Debut
Tesla’s addition to the S&P 500 on December 21st is expected to present a challenge because of its size—it will be the largest company ever to join the index ($555…
Market Drivers for 2021
A recent article in Proactive Advisor Magazine offers insights on the market outlook for 2021 from Tony Dwyer and his colleagues at Canaccord Genuity. Here are key takeaways from the…
When Comparing Dividend Payer vs. Nonpayer Performance, Consider the Context
Although dividend paying stocks “don’t always win the race” in performance numbers, investors should take a closer look. This according to a recent article in Barron’s. The article reports that…
Billy Beane Thinks Moneyball Can Crack Active Management Game
Active managers, long-suffering from lackluster performance, have taken a page from baseball talent scout Billy Beane’s playbook by using data analytics to boost performance. This according to a recent article…
Historical Value Performance in Recessions and Recoveries A Guide to Future?
The poor performance of value in recent years has led many investors to abandon the strategy, but “observers of market history know that value has faced similar death sentences previously,…