A recent Bloomberg article features a debate between columnists Nir Kaissar and Noah Smith on whether U.S. companies have accumulated too much debt and whether it represents a risk to…
The Quest to Quantify Investing's Culture
After decades of study, the firm Willis Towers Watson has built a framework to quantify corporate culture that includes more than 20 factors, according to a recent article in Institutional…
Rotation from Growth to Value Might Not Be Imminent
Although some investors are making the case that “stock market leadership should be passing from excellent-but-expensive growth stocks to cheaper value stocks more tied to a strong U.S. economy,” any…
Active Bond Managers are Beating the Market
When it comes to bond funds, says a recent article in The Wall Street Journal, “bargain shopping may not be the best idea.” Higher-priced portfolios assembled by active money managers,…
Learning from the Hierarchy of Investor Needs
By Justin J. Carbonneau (@jjcarbonneau) — The original “hierarchy of needs” model was developed by Abraham Maslow in 1943. Maslow proposed the hierarchy as a way to understand human motivation…
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] The Benefits of Base Rates [2] Ian Cassel: Investing is Hard [3] Biology Key to…
Buffett and Cooperman Agree Luck is Key to Investing Success
“Whatever success I’ve achieved, I think I’ve achieved it because I’ve been very lucky,” said founder and CEO of Omega Advisors Leon Cooperman in an October interview on CNBC. Cooperman…
Quants Searching for Alpha in Exotic Corners of Market
“The search for elusive alpha is sending a handful of computer-driven hedge funds trawling the remotest corners of financial markets,” according to an article in Bloomberg. A subset of these so-called…
Buffett Repurchases Over $900 Million in Berkshire Stock
An article in The Wall Street Journal reports that Berkshire Hathaway repurchased $928 million in stock in the third quarter of 2018, calling it a rare move that indicated Chairman…
Grantham on Why the S&P Melt-Up to 3,600 Didn't Happen
In a memo in January of this year, GMO founder Jeremy Grantham suggested to clients that they “brace themselves for a near-term melt-up in stock prices that might take the…