A new study from the research firm Grantham Mayo Van Otterloo (GMO) shows that the erosion of the value premium over the last decade was due to “changes in relative…
Dalio: Central Banks May Not Be Able to Reverse Downturns
The billionaire founder of Bridgewater Associates believes that the ability of central banks to reverse an economic downturn is waning as the global economy enters “the late stages of the…
Michael Burry of The Big Short Sees Passive Investing Bubble
Michael Burry, whose bet against mortgage securities before the 2008 crisis was immortalized in the film “The Big Short” sees another contrarian opportunity in what he characterizes as a “bubble”…
Can Steven Schwarzman and Private Equity Beta Be Replicated by Quants?
Quant asset managers are increasingly replicating the performance of private equity in order to give investors access to the same beta for a fraction of the cost. This according to…
Swedroe: Keep Believing in Warren Buffett Despite Berkshire's Underperformance
The stock market may be “crushing” Berkshire Hathaway, but that doesn’t mean Warren Buffett has lost his touch, according to a recent MarketWatch article by Larry Swedroe, chief research officer…
Economic Optimism in Order
Despite the fact that U.S. consumer sentiment has dropped and business activity seems to be slowing, a “period of sluggish growth looks more likely than an outright recession,” according to…
Never Say Never
By Jack Forehand, CFA (@practicalquant) Never tends to be an overused word in investing. Don’t get me wrong, I am big believer that the past is often the best guide…
Buffett Likes U.S. Banks
Warren Buffett’s Berkshire Hathaway has increased its holding of financial services stocks to roughly $100 billion, about one-fifth of its total market capitalization. This according to an article inThe Wall…
McKinsey Warns of Another Asia Debt Crisis
In an August report, global consulting firm McKinsey & Co. says that high levels of debt, lender vulnerabilities and “shadow” banking practices are warning signs of a potential debt crisis…
Americans Googling the Dow Could Spell Trouble
The increase in Google searches for “dow jones” could spell trouble for the markets going forward, according to an article in MarketWatch. The article cites comments from Nicholas Colas, co-founder…