In a recent Bloomberg article, columnist Barry Ritholtz underscores his long-standing criticism of the traditional “2 and 20” hedge-fund industry fee structure as “expensive and unnecessary.” Expensive, Ritholtz writes, “because…
U.S. Companies Facing $4 Trillion in Refinancing
A recent Bloomberg article reports that U.S. companies will need to refinance an estimated $4 trillion in bonds over the next five years (according to Wells Fargo Securities), a concern…
Pension Fund Promises Don't Reflect Reality
“The value of investments by public pension funds declined last quarter, widening the gap between what these funds say they will earn and what they actually make,” according to a…
Most Read Post on Validea’s Guru Investor
Below are links to our most popular posts for this week on Validea’s Guru Investor blog. [1] Why What Sells Isn’t What Works in Investing [2] Lessons on Warren Buffett’s Success…
Loomis Sayles' Bond Manager on Trade
John Waggoner of Investment News recently spoke with Dan Fuss, a bond expert and 42-year veteran of Loomis Sayles, about new risks facing investors. Here are some highlights: Fuss expects…
Bear Market Would Deliver Death Punch to Active Funds
A recent Bloomberg article warns that, while active fund managers are tempted by the thought that a market downturn would allow them to showcase their talents to investors—that a “human…
Is the Market Really Overpriced?
A recent Barron’s article shares an interview with Evercore Wealth Management’s chief investment officer John Apruzzese, who believes that the market is reasonably valued. He bases his view on the…
Short-Sellers' Plight in a Bull Market
A recent article in Institutional Investor discusses the plight of short-sellers in the now nine-year bull market which, the article says, “is punishing these defiant minority investors to the point…
Why What Sells Isn’t What Works in Investing
By Jack Forehand (@practicalquant) — There are many disconnects in the asset management industry between what sells and what succeeds. Often, what is the most effective for obtaining clients is the…
Lessons on Warren Buffett's Success from the Berkshire Annual Meeting
The Omaha World-Herald recently published an excerpt from “The Warren Buffett Shareholder: Stories From Inside the Berkshire Hathaway Annual Meeting,” an account by Georgetown University Finance Professor Prem Jain of…