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…
"The Fed is Clueless" says Bob Rodriguez
A recent article in Advisor Perspectives offers highlights of an interview with Robert Rodriguez, award-winning fund manager and former managing partner at Los-Angeles-based asset manager FPA. Here is a summary…
Why Return Skewness Offers Some Hope for Value Investors
By Jack Forehand, CFA (@practicalquant) It is no secret that value investing strategies have struggled for a long time now. The extended period of underperformance has tested the patience of…
Hedge Funds Struggling in the Insurance Game Present Value Play
When Third Point’s Daniel Loeb and Greenlight Capital’s David Einhorn took the plunge into what a recent Barron’s article describes as the “warm waters of the reinsurance business”, the article…
Negative Interest Rates Present a Threat
In response to former Fed Chairman Alan Greenspan’s reported comments that negative interest rates wouldn’t be “that big of a deal,” a recent Bloomberg article rebuts, “it’s wrong. Negative interest…
Cheap Stock-Hunting Back in Favor
Value stocks have underperformed growth “in all but one year,” but saw a shift last week. This according to a recent article in The Wall Street Journal. On Monday, September…
Value Investing: Improving the Odds
The yield curve may identify periods where the value premium is more attractive, according to research published by quant firm FactorResearch. The article presents findings from a study using data…