By Jack Forehand, CFA Let’s pretend we could turn back time to January 1st of this year. What if I gave you the following series of facts and asked you…
Buffett’s Warning in 2000 Still Relevant
In his letter to Berkshire Hathaway shareholders twenty years ago, Warren Buffett compared investors cashing in on the dot-com bubble crash to party goers at Cinderella’s ball, with a warning…
Excess Returns, Ep. 41: Is Direct Indexing the Future of Investing?
Technology has allowed all of us to personalize many aspects of our lives. Rather than accept products tailored to a wide range of people, we are now able to customize…
A Robot Bought Amazon When Trying to Fix Value Investing
A South Korean money manager said its artificial intelligence-augmented value strategy would return 13% annually and “revive” the value factor. But a recent Bloomberg article says that value traditionalists “will…
10-Year Treasury Note Isn’t What It Was
The 10-year U.S. Treasury note, which for years has represented every investor’s touchstone, has become less trustworthy. This according to an article in The Wall Street Journal. The article reports…
Dollar’s Fall Just Starting, Says Pimco
According to Pacific Investment Management Co. (Pimco), the dollar’s decline has only begun, “with room for the world’s reserve currency to weaken against emerging markets,” reports a recent Bloomberg article.…
Gundlach Says Avoid the Bond Market and Trump Will Win
DoubleLine Capital CEO Jeffrey Gundlach said in an August call with investors that Trump will beat Joe Biden and advised avoiding short- and long-term bonds. This according to an article…
Morningstar Downgrades Buffett-Backed Fund
Morningstar has downgraded the Sequoia fund, a $4.2 billion fund that launched in 1970 with the support of Warren Buffett, from a bronze to a neutral rating, according to an…
Warren Buffett’s Life in Pictures
In honor of Warren Buffett’s ninetieth birthday, CNN recently published a collection of photos chronicling his life.
How Stocks and Bonds Have Responded Differently to Coronavirus Pandemic
A recent Morningstararticle offers insights regarding the divergent responses to the coronavirus pandemic by stocks and bonds. During the second quarter of this year, the article notes that global stocks…