As passive investing continues to gain popularity, concerns have materialized about some unintended consequences, according to a recent article inMorningstar. The article outlines an interview with Morningstar’s director of passive…
Thomas Piketty's New Blockbuster Guide
French economist Thomas Piketty is back with a 1,200-page guide to abolishing billionaires, according to a recent article inBloomberg. The article reports that his latest blockbuster, “Capital and Ideology” explains…
Why Use One Value Factor When You Can Use Many
By Justin Carbonneau (@jjcarbonneau)—-Interested in chatting with Justin – let him know.—- Suppose you wanted to find the value stocks in today’s market using common value ratios. Which would you…
Buffett Protégé Starting Her Own Firm
One of Warren Buffett’s inner circle is leaving Berkshire Hathaway to start her own firm, according to a recent article in The Wall Street Journal. Tracy Britt Cool, who the…
"No-Name" Managers Deliver Winning Pitches at Sohn
Many little-known hedge fund managers who presented pitches at this year’s Sohn Investment Conference in New York identified stocks that rose more than 30 percent over the ensuing 12 months,…
Hedge Funds for the Masses Missed the Mark?
A recent article in Morningstar highlights the debate surrounding what it describes as the “general-public version” of hedge fund—replication funds. Ten years ago, the article explained, hedge funds were “the…
Passive Have Surpassed Active Funds
In August, assets in U.S. index-based equity funds and ETFs topped those in active stock funds for the first time. This according to an article in Bloomberg. “Stock picking isn’t…
The Revival of Value Stocks Could Be the 'Real Deal'
Some signs are pointing to a value-stock rotation, according to a recent article in Barron’s that says, “value stocks are acting like a tightly wound spring that has started to…
Profile: David Swensen and How He Made Yale Rich
A recent article in Bloomberg profiles David Swensen, who has overseen the Yale University endowment for 34 years and has become something of a legend—as well as the school’s highest-paid…
Sudden Shift for Value Stocks Unnerving Some Investors
The outperformance of value stocks that occurred on September 9th is “unnerving to investors because a rotation away from growth could “result in a downturn for the broader market, some…