Short-term macroeconomic data can pose challenges for analysis of policy changes, according to an article in Bloomberg. “Every time a new macro data point comes out,” it says, “commentators rush…
Swedroe on Persistence in Active Investment Performance
In an article for ETF.com, Bam Alliance director of research Larry Swedroe summarized the findings published in the S&P biannual Indices Versus Active (SPIVA) reports which compare the performance of…
The Pitfalls of Back Testing
By Jack Forehand (@practicalquant) — Active investment managers have a pretty dismal long-term record. Depending on which study you look at somewhere between 80% and 90% of managers underperform their benchmarks…
Jamie Dimon Predicts 5% Treasury Yield
At the Aspen Institute’s 25th Annual Summer Celebration Gala in August, JPMorgan Chase CEO Jamie Dimon warned that a 5 percent yield on the 10-year Treasury is in the offing.…
It's Hard to Predict Bear Markets
A recent Vanguard blog discusses the challenges faced when trying to predict a market downturn. “While all bear markets involve a loss of investor confidence,” it says, “an assortment of…
Market Insights from Omega's Cooperman and Einhorn
Leon Cooperman and Steven Einhorn of Omega Advisors have worked together for 40 years and have nearly 100 years of investment experience between them, according to an article in Barron’s…
Profits Up at U.S. Firms
“America’s biggest companies are reporting some of the strongest earnings growth since the recession, boosted by lower tax rates and a robust U.S. economy that is fueling demand across industries.”…
Most Viewed Posts on Validea
Below are links to our most popular posts for this week on Validea’s Guru Investor blog. [1] Could Simple be the New Complex? [2] Value Investor Channels Buffett [3] Swedroe on Factors…
Value Investor Channels Buffett
A recent Barron’s article profiles value investor Fred Copper, lead manager of the Columbia Overseas Valuefund, who has learned that the best way to beat his benchmark (the MSCI EAFE…
Swedroe on Factors in Emerging Market Stocks
In a recent article for ETF.com, BAM Alliance director of research Larry Swedroe outlines findings of an August 2018 study on factor-based investing titled, “The Cross-Section of Equity Returns in…