A recent article in The Wall Street Journal recalls the adage that bull markets don’t die of old age. “Nine years into an extraordinary run for U.S. stocks, it’s easy…
Morningstar Studies Why Active Managers Perform Better in Some Periods
A recent MorningstarA article reports the results of a study conducted on a theory known as Dunn’s Law, which suggests that active managers sometimes outperform indexes due to stylistic differences…
Barry Ritholtz on the Bull Market's Birthday
In a recent Bloomberg column, Barry Ritholtz shares insights on what he characterizes as the distinct differences between bear market recoveries and bull markets, arguing that while March 9, 2009…
Ed Thorp Interview Highlights
A recent, two-part article in Barron’s summarizes an interview with mathematician Ed Thorp, who gained celebrity after figuring out how to use his skills to “beat the casino at roulette,”…
Lessons From a Quantitative Investing Conference
By Jack Forehand (@practicalquant) — I had the privilege to attend the Democratize Quant conference last week put on by Wes Gray and the team at Alpha Architect. The conference allowed…
Most Read Posts on Validea’s Guru Investor
Below are links to our most popular posts for this week on Validea’s Guru Investor blog. [1] Finding Deep Value Stocks with the Acquirer’s Multiple [2] Highest-Paid CEOs Tend to Run…
Jeffrey Gundlach's Market Worries
DoubleLine Capital CEO Jeffrey Gundlach, who “sounded alarms about housing in 2006” doesn’t see any disasters in the offing, according to a recent article in Barron’s. “But that’s no reason to…
Investors Shouldn't be Fooled by Market Calm
Now isn’t the time for investors to get comfortable, says a recent article in The Wall Street Journal. The underlying economic environment, it says, is “muddier” than it was in January,…
Yield Gap Between Stocks and Bonds May Be Misleading
Bonds are now offering legitimate competition to stocks for the first time in years, according to a recent article in Bloomberg. Yields on the ten-year Treasury are now more than 100…
Private Equity Performance Numbers May Undermine Credibility
Internal rate of return (IRR), the key performance measure of private equity firms, is at the risk of being “massaged in a way that undermines the industry’s credibility and adds…