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…
You Should Rebalance, and Here’s Why
A recent Morningstar article underscores the importance of rebalancing portfolios during a bear market. Here are some highlights: During a bear market, a buy-and-hold portfolio will see the equity allocation…
The Stock Market Tanked After This Billionaire Interview
Earlier this month, billionaire investor Bill Ackman awoke from a nightmare about the coronavirus and took to Twitter to recommend a shutdown of the country before calling CNBC. This according…
Recession and Investor Opportunities
A recent article in Morningstar suggests that, whether or not we are technically in the throes of a recession today, “we must gird up for the inevitable recessionary environment wrought…
Ariel’s John Rogers on This “Once in the Lifetime’ Buying Opportunity
Ariel Investment chairman John Rogers says investors should take advantage of the downturn, which is providing the type of buying opportunity that doesn’t come around often. This according to an…
China Stocks Buoyed by Eager Small Investors
Millions of individual Chinese investors have been buying stocks, “confident that Beijing has mastered the coronavirus and that cheap money, state spending and lighter regulation will produce a new boom.”…
Breaking Down What is Among the Most Extreme Sell-Off Wall Street Has Seen
A recent CNBC article provides insights and analysis of the coronavirus-related market sell-off. Here are some highlights: While many sounded alarms when COVID-19 emerged in China, the article says “the…