A recent Bloomberg article reports that an economic contraction could be coming as soon as next year, citing the Fed, the flattening yield curve, corporate leverage and tariffs as contributing…
The Nine-Year-Old Bull Still Has Momentum
The U.S. bull market, which turned nine on March 9th, is still showing momentum, despite the fact that it has been called the “most hated rally ever,” according to a…
Finding Deep Value Stocks with the Acquirer's Multiple
By Justin J. Carbonneau (@jjcarbonneau) — In 2005, Joel Greenblatt, a successful hedge fund manager, published an incredibly simple book on disciplined value investing. The book, The Little Book that…
Housel on the Irony of Luck
In a recent article for the Collaborative Fund, Morgan Housel contrasts luck and risk as they relate to investing, arguing “you cannot understand one without appreciating the other.” “This is…
Trend-Following CTAs Suffer Performance Declines
Some quantitative investors are concerned that commodity trading advisers (CTAs) are “ill-equipped to handle a new era of steeper declines and sudden volatility spikes,” according to a recent article in…
The 40% Rule in Forecasting
A recent article in The Wall Street Journal discusses the 40% rule, which it describes as “a favorite forecasting tactic of Wall Street analysts and other prognosticators trying to make…
Highest-Paid CEOs Tend to Run Worst-Performing Companies
A study by research firm MSCI shows that “the best-paid CEOs tend to run some of the worst-performing companies and vice versa—even when pay and performance are measured over the…
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] Why Artificial Intelligence Won’t Fundamentally Change Investing [2] Become an Equity Compounder à la…
Research Affiliates on the Dangers of Using Past Returns to Predict the Future
In the first of an eight-part series, Research Affiliates addresses market returns and the dangers financial planners face with respect to setting expectations for clients. Specifically, the article highlights the…
Advertising Accountability Comes To Blockchain
One can either mine bitcoins or buy them from someone by paying cash