While economic and monetary policy as well as “leading indicators” can provide insight regarding the state of the markets and the economy, “they have severe limitations as forecasting tools. This…
One Quant Sees Value Rotation as Growth Bubbles Over
Value stocks are “poised to generate some of their best returns in a quarter-century,” says QMA CEO Andrew Dyson (QMA is the quantitative arm of PGIM). This according to a…
How Value Investors Can Navigate Short-Term Volatility
In a recent interview, Samantha McLemore, CFA, portfolio manager of Miller Value Partners‘ Opportunity Equity fund, offered insights regarding how value investors can navigate market turbulence. Here are some highlights…
Ritholtz: Passive Doesn't Rule the World
“The hype about passive taking over the investing world is just that–hype.” This according to columnist Barry Ritholtz in a recent article for Bloomberg. “Active management in the U.S. trounces…
Swedroe: New Findings on the Low-Risk Anomaly
New research on the low-risk anomaly—in which less risky stocks earn higher risk-adjusted returns—shows “exactly which types of stocks are likely to perform poorly over time, especially in a bear…
Shift from Momentum Proves Boon or Einhorn's Greenlight Capital
David Einhorn’s Greenlight Capital hedge funds gained 8.4% in September, bringing average weighted returns for the year to 24%, the company reported. This according to a recent article in Bloomberg.…
Lessons from March For The Fallen
On September 28th, 2019, I had the privilege of participating in March for the Fallen (#MFTF), an event that honors military soldiers who lost their lives defending our country and…
Business Ownership in the Age of the Public Corporation
A recent article in The Washington Post criticizes the recent announcement by the Business Roundtable—an organization of corporate CEOS– that its members are “redefining the mission of their companies ‘for…
Risky Economic Doctrine is Becoming Hot Idea
The type of stimulus that used to be taboo—one in which central banks take a more junior role and collaborate with governments—is gaining appeal. This according to an article in…
Robert Shiller Says a Data Revolution is Coming
Nobel Laureate Robert Shiller says we are facing a revolution rooted in a “huge acceleration in the amount of data available to researchers,” which he discusses in his new book…