An article in the May issue of the Chicago Booth Review discusses the ongoing discovery of investable factors, which it says are “being discovered almost as quickly as they can…
JPMorgan: Late Cycle Can Bring Big Gains
A recent Bloomberg article addresses the question of whether to “push the sell button on winning trades,” given that the global economy has entered the late stages of the current…
Value Investors Face Existential Crisis
Many investors have “drifted away from the hallmark of value investing championed by the likes of Benjamin Graham and Warren Buffett: actively picking stocks the market has overlooked.” This according…
Small-Cap Picks from Top Global Investor
A recent Barron’s article profiles Magnus Larson–lead manager of the AMG TimesSquare International Small Cap Fund ($1.2 billion)—who has been able to deliver a 13.6% five-year annualized return (reportedly beating…
Everyone Makes Mistakes, Including Warren Buffett
In last month’s Wall Street Journal, columnist Jason Zweig recently wrote, “If I had to write one sentence that is true always and everywhere, it would be this: Smart investors…
Current Stock Valuations Missing $3.4 Trillion in Hidden Assets
A recent Bloomberg article highlights how old accounting rules and metrics are effectively “broken” and creating distortions that are making some company fundamentals look worse than they really are. The…
Dimon and Buffett: Short-Termism is Hurting Economy
JPMorgan Chase CEO Jamie Dimon and Berkshire CEO Warren Buffett joined forces to pen a recent Wall Street Journal article that warns against short-termism. “Every generation of Americans has the…
The Losing Battle to Consistently Beat the Market
By Jack Forehand (@practicalquant) — It is commonly accepted the beating the stock market over the long-term is really difficult. Over the past 15 years, about 70% of large-cap managers have…
Ed Yardeni Ignores Geopolitical "Noise"
A recent article in CNBC.com shares insights from the president of Yardeni Research, who says he does not expect increased geopolitical concerns to hurt the stock market this year. On…
Harvard and Yale's Investing Models Should be Available to Every Investor
In a recent article, Bloomberg columnist Nir Kaissar argued that although it’s time to change the securities laws that prevent people from investing like the elite university endowments, there are…