The volume of financial content that is produced these days can be completely overwhelming. Filtering through it to find the best articles is a task that most investors just don’t…
Berkshire Announced $19 billion in Investments After Buffett Blasted for Not Buying
A recent Business Insider article reports how Warren Buffett was “fiercely criticized for not deploying Berkshire Hathaway’s vast cash reserves when markets tanked earlier this year,” but that his team…
Low Interest Rates Might Not Last Forever
A new book by Charles Goodhart (London School of Economics) and Manoj Pradhan (Talking Heads Macro) argues that the prolonged period of near-zero interest rates may be coming to an…
If Everyone Buys a Boutique Asset Manager, There Goes the Alpha
Asset managers are “increasingly on the hunt for independent boutiques” in the search for alpha and to differentiate themselves “with actively managed strategies that can’t be easily replicated.” The problem,…
This Value Fund Likes Walmart Stock
A recent article in Barron’s profiles Pioneer Investments lead manager and value investor Jeff Kripke, who took over the firm’s 92-year-old flagship portfolio (the $6 billion Pioneer Fund) in 2015…
Harvard Economist Finds Surprising Pandemic Impacts at Both Ends of Wealth Spectrum
At the outset of the coronavirus pandemic, Harvard economist Raj Chetty and his team “dropped everything—including work on inequality in housing, higher education, and longevity—to document the pandemic’s lopsided impact.”…
What Bitcoin Taught Me About Risk & Reward In Investing & Life
In 2015, my firm Validea hired a technology consultant who was also building a company utilizing blockchain technology. At the time, the consultant suggested, “You know, you should take a…
Value Stocks and Why You’re Not Getting a Premium
A recent MarketWatch article outlines some reasons why investors are abandoning value investing, and offers insights on why they shouldn’t. “The long-term case for value stocks is easy to make,”…
More Dark Days for Dollar as U.S. Stocks Outperform
As investors continue to react to the effects that “massive American equity-market gains” are having on their portfolios, the dollar’s weakest quarter in a decade may get worse. This according…
Why Growth Investing Is Harder Than You Think (Ep. 47)
Growth investing has seemed easy in the past decade. Growth stocks have easily outpaced both value stocks and the market, which has led to great performance for many growth strategies.…