The tide might be turning for value stocks, according to an article in Advisor Perspectives. “Cheaper stocks have shown signs of awakening recently, and several market forces could tip the…
Mauboussin on the Pitfalls of Using EV/EBITDA in Valuations
An article in Forbes features an interview with Michael Mauboussin, Director of Research at BlueMountain Capital Management. The interview focused on Mauboussin’s recent paper discussing “the merits and pitfalls of…
A Shepherd for the Market's Lost Bulls
An article in Bloomberg offers a variety of market insights, starting with those of JPMorgan Chase analyst Marko Kolanovic, nicknamed “Gandalf,” “whose timely calls have allowed him to dominate Institutional…
Five Questions: Behavior in Investing with Dr. Daniel Crosby
By Jack Forehand (@practicalquant) — There is probably nothing that hurts our investment returns more than our behavior. We spend a lot of time debating things like whether we should invest…
Berkshire Insurers Weather Storms and See Big Gains
A Bloomberg article reports that Berkshire Hathaway’s operating profit doubled last quarter, due in part to increased train traffic and an uptick in demand for electronic components. “The biggest boost,”…
Hulbert: Fund Performance is Largely Luck-Driven
In a recent Wall Street Journal article, Mark Hulbert makes the case that even over periods as long as ten years, investors stand a good chance of underperforming their benchmark,…
Most Read on Validea's Guru Investor
Below are links to our most popular posts for this week on Validea’s Guru Investor blog.- [1] Learning from the Hierarchy of Investor Needs [2] Corporate Debt and the Next Recession…
Small and Passive is Better in Money Management
A recent S&P report offers deep-dive analysis into mutual fund performance over the past year versus various benchmarks, according to a Bloomberg article by columnist Barry Ritholtz. “Growth stocks are trouncing…
Which Generates More Alpha, Mutual Funds or ETFs?
How does the alpha generated by ETFs compared to that of actively managed mutual funds? The question is addressed in a recent WealthManagement article. The article cites Morningstar data that shows…
Low-Volatility Stocks May Have a Dark Side
Although low-volatility stocks were very appealing in the wake of the financial crisis (assets under management have risen to approximately $46 billion since then), some argue that these stocks are…