A recent article by John Rekenthaler of Morningstar begins: “Economic predictions are wonderfully useful…after the fact.” He discusses hindsight bias, and how “history gives a simple picture of that which…
Jorge Paulo Lemann Says "Era of Disruption" Surprised 3G Capital
At this year’s Milken Institute Global Conference, 3G Capital co-founder Jorge Paulo Lemann described himself as a “terrified dinosaur” with respect to the “craft brand-driven changes in tastes and in…
Cooperman's Omega Fund Converts to Family Office
In a recent letter to investors, hedge fund manager Leon Cooperman announced that he will convert his Omega Advisors (which oversees $3.8 billion) into a family office at the end…
Lessons Learned Since the Financial Crisis
By John Reese (@guruinvestor) — It’s been over a decade since the financial crisis that led to the deepest economic downturn since the Great Depression, one that pulled the financial…
Index Funds Will Be Fine
A recent Bloomberg article by columnist Barry Ritholtz argues that, despite the maturation in index investing and a slowdown in inflows to passive funds, “indexing is still giving active funds…
Top Stock Picker on the Hunt for Value
A Barron’s article from July outlines an interview with Charles De Vaulx of International Value Advisers (IVA) in which the fund manager offers insights on various topics related to the…
Will Factor Investing Kill Hedge Funds?
Last month, the Financial Times ran a lengthy piece on factor investing that discusses to what degree it poses a threat to the hedge fund industry. The article recalls a controversial…
Quants Find Profit in ETF Anomaly
Quant strategists at Deutsche Bank have found that investors can “beat equity benchmarks by building portfolios out of stocks that get whipped around the most when exchange-traded funds rebalance.” This…
Validea's Most Read Posts
Below are links to our most popular posts for this week on Validea’s Guru Investor blog. [1] The Dangers of Headline Investing [2] Value Investing Strategies with Good Outcomes [3] Gundlach: A…
Signals from the U.S. Yield Curve
The difference between the two-and ten-year Treasury yield is the narrowest since 2007, a signal that “the market thinks the Federal Reserve’s interest-rate increases, which are driving short-term yields higher,…