A recent article in Bloomberg reports that quantitative trading firms able to rapidly build models based on short-term market trends are benefiting from the current upheaval. After years of underperforming…
The Limits to Lessons from Past Bear Markets
By Jack Forehand, CFA (@PracticalQuant) The current bear market seems just like 2000. We had massive outperformance from growth and technology names coming into it, with small-cap value companies being…
Bill Miller Sees Buying Opportunity
In a CNBC interview earlier this month, investor Bill Miller said that the current climate is one of the best buying opportunities of his lifetime. Miller, who beat the market…
Stock Market Rout ‘Eviscerated’ Small-Caps
Small-cap stocks have taken a particularly strong beating over the past month, according to a recent article in The Wall Street Journal. “Companies in the small-cap category, which typically have…
Excess Returns, Ep. 17: The Importance of Challenging Your Own Beliefs
Confirmation bias is one of the most damaging biases in investing. All of us want to be right. We all want to think that opinions that disagree with ours don’t…
What Would Jack Bogle Tell Us Now?
Unfortunately, we don’t have Jack Bogle “around to calm us down anymore,” writes Wealth Logic founder Allan Roth in a recent Financial Planning magazine article. Roth, a long-time follower of…
Bloomberg Opinion: This is Looking More Like a Financial Crisis
Bloomberg Opinion: This is Looking More Like a Financial Crisis A recent article in Bloomberg argues that the current situation resembles the start of a financial crisis: “Businesses and banks…
Playbook for Investing Amid the Coronavirus
A recent article in Forbes compares the current investing backdrop to that of 9/11 and the financial crisis of 2008. Following are highlights from the article: Current situation versus 9/11:…
Buffett: Negative Rates Are More Puzzling Than Scary
The prospect of negative interest rates confounds Warren Buffett but doesn’t frighten him, according to a recent Bloomberg article. “U.S. policy makers have been seeking to grapple with the economic…