Austria’s recent return to the century-bond club with a 2 billion-euro ($2.3 billion) debt issue is a clear example of how the European Central Bank is encouraging greater risk taking,…
Void Left by Dearth of Buybacks Filled by Robinhood Traders
The decline in stock repurchases by U.S. companies is being partially offset by demand from retail investors, according to a recent article in Bloomberg. According to client note from Goldman…
Quants Find the Missing Piece
New research has found that the implementation methods related to some factor-based investing strategies is the culprit for underperformance, and that “a simple formula can solve it.” This according to…
World’s Worst Market Timer: A Story and A Lesson
By Justin Carbonneau Imagine this: 80 years ago, you won a prize that promised 13 payments of $10,000 to be paid out over time. You think you’ve finally got lucky,…
Stock Market Legend Grantham Calls Crisis the “Real McCoy”
In a recent interview with CNBC, investing legend and GMO co-founder Jeremy Grantham “painted a very dire picture of the investment landscape in the U.S.” according to an article in…
Peril and Opportunity in Small Value Stocks
The fortune of small value stocks are “irrevocably linked” with today’s key economic questions, according to a recent Morningstar article. The article argues that this segment of the market is…
Bored Sports Bettors Try Their Hand at Stocks
When the coronavirus pandemic hit, sports bettors without action turned to the stock market to scratch the itch, and some say it has moved the market. This according to a…
Painful Decision for Investors Approaching Retirement
The coronavirus pandemic, which has “created a crisis that some economists believe could take the country nearly a decade to recover from,” is leading some individuals nearing retirement to evaluate…
Excess Returns, Ep. 29: Timeless Investing and Life Lessons with Jim O'Shaughnessy
In this week’s episode we are privileged to be joined by Jim O’Shaughnessy. Jim is a pioneer in quantitative investing and the founder of O’Shaughnessy Asset Management. He is also…
The Widening Growth/Value Gap
In a recent Financial Times Money Show podcast, editor Claer Barrett discusses the recent market rally, government stimulus, and the relationship between value and growth stock valuations with FT columnist…