Todd Combs is to become chief executive of Berkshire Hathaway’s car insurer Geico on January 1st, according to a recent article in The Wall Street Journal. “The move marks a…
Global Economy Hooked on Debt Needs More to Revive Growth
As policy makers across the globe face low growth and piles of debt, taking on more debt seems to be the favored strategy to reviving their economies. This according to…
Arnott: Market Shift Coming in 2020
Research Affiliates chairman Rob Arnott sees a major market shift on the horizon that could present a “spectacular “opportunity for value investors. This according to an article in CNBC. In…
The Perils of Market Forecasting
By Jack Forehand (@practicalquant) — It’s that time of year again. The time of year where all the market experts make their 2020 predictions. You will see countless forecasts about…
New Link Between Stocks and Bonds reflects Change in Market
A pattern has emerged over the last decade in which value share performance has increased when the yield curve has steepened, a relationship that represents changes in investor behavior. This…
Excess Returns, Episode 4: Lessons From March For The Fallen
Whether you are training for and participating in a 25+ mile march or are saving and investing for retirement and long-term wealth creation, success requires the right mindset as well…
Shorting is “Scarcely Worth the Bother”
A new study from a group of quants at the Netherlands-based firm Robeco—who examined the respective contributions to performance of both long and short equity positions—found that “the short position…
Robert Shiller Discusses New Book and Investing Fads
In a recent interview with Barron’s, Nobel laureate Robert Shiller talks about his new book, Narrative Economics and shared insights on the markets and investor behavior. Here are some highlights:…
Should Value Investors Abandon the Strategy Now?
A recent paper by RAFI Indices argues that now is the time to increase allocations to value strategies –specifically, to the RAFI strategy, a value-tilted approach that focuses on disciplined rebalancing…
Big Tech Posted Big Year Despite Threats
A recent article in The New York Times highlights the remarkable year for giant tech stocks, despite the “trade war, bipartisan political hostility and regulatory threats.” The S&P tech sector…