After more than ten years of impressive returns, David Einhorn’s Greenlight Capital Inc. has seen assets under management drop from a reported $12 billion in 2014 to about $5.5 billion,…
An Overview of Quantitative Tightening
A recent Bloomberg article offers insights on the current trend of quantitative tightening and the subsequent uptick in market volatility: In a period of quantitative easing, the article explains, a…
10 Reasons Why It's Tough to be a True "Intelligent Investor"
By Justin J. Carbonneau (@jjcarbonneau) — Ben Graham’s tome The Intelligent Investor still sells over 100,000 copies a year as investors of all stripes look to learn the value-investing way.…
Bill Miller on Value Investors' Biggest Mistake
Legendary investor Bill Miller says there’s a smarter way to value-invest than just picking cheap stocks, according to a recent article in CNBC.com. Running his own fund after decades at…
Mauboussin on the Language of Likelihood
In a recent article for the Harvard Business Review, authors Andrew and Michael Mauboussin discuss the language of probability and share analysis that shows how its subjective nature can lead…
Most Viewed Posts on Validea
Below are links to our most popular posts for this week on Validea’s Guru Investor blog. [1] Knowing When Your Investment Process Has Failed [2] Berkshire Rallies on Share Buyback Announcement…
Knowing When Your Investment Process Has Failed
By Jack Forehand (@practicalquant) — It is widely accepted in investing that process is more important than outcome. Investing strategies that have no long-term basis can work very well in the…
JP Morgan: What Currencies to Buy if Recession is Nearing
If a U.S. recession is in the offing, analysts from JPMorgan Chase say it’s time to own Swiss francs, Singapore dollars, U.S. dollars or Japanese yen. This according to a…
David Herro on What Has Changed in International Markets Since the 1980s
Morningstar’s Katie Reichart recently interviewed David Herro, Manager of Oakmark International, to discuss how international investing has changed, or not, since the 1980s. Here are some highlights: Herro said that…
Wall Street's Sucker's Bets: Investing or Gambling?
When it comes to some popular investment products, people who compare Wall Street to a casino may not be too far off the mark. This according to a recent article…