A recent article in The Wall Street Journal argues against giving up on value investing notwithstanding more than a decade of poor performance. It contends, however, that there’s more uncertainty…
Gundlach: Modern Monetary Theory 'Complete Nonsense'
An article in Bloomberg reports that in a recent webcast, DoubleLine Capital’s Jeffrey Gundlach characterized modern monetary theory (MMT) as “a completely fallacious argument.” Gundlach joins a group of critics…
Bill Miller on Outperformance in Era of Indexing
In a recent podcast interview, Miller Value Partners founder Bill Miller shared insights on market trends. Here are some highlights of the interview: “I think it’s always difficult to outperform,”…
Is Traditional Value Investing in the Danger Zone?
A recent Forbes article suggests that true value investing requires a comprehensive approach to analyzing companies, not just a reliance on the price-to-book value. The article cites two comments made…
Economic Forecasters Keep Getting It Wrong
Despite the word on the street, we’re not in an economic boom. This according to a recent article in The New York Times. “The economy has been mired in an…
Wealth Management in the Tech Age: Google and Amazon are Looming
An article in Financial Planning discusses the possibility of tech giants entering the wealth management arena, adding that “numerous studies show consumers are keener to trust Google or Amazon than…
Quant Strategy for Picking Basketball Winners
An recent article in Bloomberg suggests that a factor investing technique might work well when picking winners in the March Madness brackets. The technique involves integrating traditional factor criteria with…
This Billionaire Hedge Fund Manager Bucked the Trend
A recent article in Forbes profiles Jeffrey Talpins, a 44-year-old hedge fund manager that has “bucked the trend” with his firm Element Capital, returning “about 21% annually net of some…
In a Stock and Bond Twilight Zone, Balance is Key
Falling premiums on speculative-grade bonds against lofty equity valuations suggests that, “beneath the surface of the S&P rally that equity and debt investors are placing opposing bets on the business…
Buffett Annual Letter Offers Advice to Pensions and Endowments
In his annual letter to Berkshire Hathaway shareholders, CEO Warren Buffett tells pension funds and endowments to eliminate high-cost “helpers” that eat into returns, according to an article in Chief…