A recent article in Forbes tells the story of EquBot, a San Francisco based ETF advisory firm that uses proprietary software for stock picking. The firm’s chief executive, Chidananda Katua,…
‘Hoodwinked’ Institutions Pushing Back on Private Equity
An article in Institutional Investor reports that institutions are questioning the value of internal rate of return (IRR), a widely-used measure of portfolio performance. According to Jos van Gisbergen, who…
Apple and Microsoft Won’t Continue to Dazzle Investors
While many “hot” stocks are still in fashion, a new study by Research Affiliates argues that they haven’t “become permanently more profitable. So, value stocks should eventually outperform simply because…
Learn from Peter Lynch but Don’t Think You Can Replicate Him
By Justin J. Carbonneau In December, Barron’s had two good pieces on the legendary Fidelity fund manager, Peter Lynch. Packed with Lynch-isms about successful long-term investing, active stock picking and…
Excess Returns, Episode 7: The Importance of a Sell Strategy and Disciplined Rebalancing Approach
As difficult as it is to figure out the right stocks to buy, determining when to sell can be even more challenging. In this episode, we look at the important…
A Proven Strategy for Disciplined Growth Stock Investing
This article was originally published on March 5, 2018, but the performance and stock list has been updated. By Justin J. Carbonneau (@jjcarbonneau) — There is no shortage of evidence showing…
High-Quality Stocks Won in a Tricky Year for Factor Investing
Although 2019 marked a year-long rally for the stock market, a recent Barron’s article notes that, “underneath the broad optimism,” various factor groups moved in and out of favor along…
Hindsight Capital’s Decade of Wins
A recent article in Bloomberg chronicles the past decade’s track record of a “mythical” hedge fund called Hindsight Capital LLC with a tongue-in-cheek account of its wildly successful trades. The…
As Stocks Hit New Highs, Money-Losing Companies Mushroom
The number of loss-making companies in the U.S. has bloated to 40% over the last 12 months, the “highest level since the late 1990s of post-recession periods,” says a recent…
Move Your Money to Increase Say on Corporate Behavior
While fund manager fees and performance are widely covered, “relatively little attention has been given to their role in corporate governance,” says an article in The New York Times that…