A recent Bloomberg article reports that the attention garnered by options-based hedge products that have “dominated the headlines for making a killing in the sell-off” has fueled a fierce debate…
A Comeback for America’s Smallest Stocks
Despite grim economic news, share prices of small U.S. companies are rising rapidly and fueling a debate among investors about how much longer it can keep up. This according to…
The Balance Between What Is and What Should Be
I like it when things work out the way they should. It’s great when good things happen to people who deserve it. It’s great when the outcome of any situation…
After Fast Decline and Comeback, Assessing the Stock Market
More confusion than conviction seems to be the prevailing mood in the markets, according to a recent article in CNBC. “For investors, trying to gauge sentiment among other investors and…
How to Play a Value Stock Rebound
“If ever the time was ripe for the value trade to work, it is now.” This according to a recent article in Barron’s. The article notes that while counting on…
Excess Returns, Ep. 26: Interview: Systematic Value Investing with Wes Gray
Wes Gray is the founder of Alpha Architect, the author of Quantitative Value and Quantitative Momentum, and an expert in systematic investing. In this interview, we discuss: The recent struggles…
What Drives Outperformance at Endowments & Foundations?
A new study has found “no ‘systematic evidence’ that funds with dedicated CIOs perform any better than endowments without dedicated CIOs.” This according to a recent article in Institutional Investor.…
Hedge Fund Holdings Not Great Investing Tool Right Now
Investors who typically take cues from leading investment managers might want to think twice, according to a recent Barron’s article that notes, “with the extreme market volatility of the last…
Berkshire Hathaway Dumps Holdings in Goldman
A recent Wall Street Journal article reports that Warren Buffett’s Berkshire Hathaway, which funneled $5 billion into Goldman Sachs Holdings in 2008, “slashed the bulk of its holdings” during the…
Value Managers are Fighting Back
After suffering the worst ever quarter in early 2020, the value investing strategy is being questioned by asset managers who are “getting vocal about the strategy’s longer-term prospects.” This according…