Market panics are “forces than can be hidden or delayed but never eliminated,” writes Wall Street Journal columnist Jason Zweig. “The modern history of financial markets is a chronicle of…
Strong Comeback Signal: Executives are Buying in Droves
More companies are seeing insider buying of shares than insider selling, signaling optimism on the part of U.S. company executives. This according to a recent CNBC article. “Executives are loading…
Excess Returns, Ep. 19. The Dangers of Hindsight Bias
Whenever we are confronted with a bear market, we all want to figure out how it will play out. We want to know how big the decline will be. We…
Morningstar: You Can’t Time the Market
Morningstar’s director of investment research, Ian Tam, discusses the importance of staying invested during “critical months” in a recent video. Tam explains the “critical month” concept as the notion that…
Zweig: What Would Benjamin Graham Tell You to Do?
In a recent Wall Street Journal article, columnist Jason Zweig discusses how guidelines from the late, legendary investment analyst Benjamin Graham can help guide today’s investors as they navigate through…
A Letter to My Future Investing Self
By Jack Forehand (@practicalquant) Last Summer, I published an article where I wrote some letters to my former investing self. Investing is a lifelong learning process and we all make…
Does the Rally Have Stamina?
A Bloomberg article published on March 26th describes that the S&P 500’s sudden uptick as the “quickest three-day advance in nine decades. As absurd as it may seem, the Dow’s…
When Stocks Will Recover: (Maybe) in These Four Stages
An article in Morningstar describes the four stages that a typical bear market experiences and discusses them within the context of the coronavirus-related downturn. Stage 1: Recognition. “This market achieved…
Excess Returns, Ep. 18: Interview: Value Investing with Tobias Carlisle
In this week’s Excess Returns, we are trying something new. In addition to our regular episodes, we have decided to periodically talk to some of the people we respect most…
A Look at Warren Buffett’s Portfolio Might Make You Feel Better
“If you stick around long enough, you’ll see everything in markets,” said Warren Buffett earlier this month in an interview with Yahoo Finance. This according to a recent article in…