By John P. Reese Among the myriad guidelines that the wise investor follows, diversification sits front and center: Don’t put all your eggs in one basket, either with respect to…
Buffett-Like Indicator Points to "Frothy" Markets
Deutsche Bank’s chief economist shared his view that the equity markets are “entering frothy territory” using an indicator similar to one used by Warren Buffett. This according to a recent…
Buffett and Berkshire Focusing More on Running Businesses than Stock-Picking
In his February letter to shareholders, Warren Buffett wrote that Berkshire Hathaway is seeing a “gradual shift from a company obtaining most of its gains from investment activities to one…
Where Have the Value Stocks Gone?
When Warren Buffett purchased his first shares of GEICO back in 1951, there were no funny commercials or talking lizard mascots to entice him. It was Buffett’s limitless curiosity about…
Underperforming Canadian Stocks with Solid Potential
As major benchmarks continue their “seemingly unstoppable march upward,” writes Validea CEO John Reese in a recent article for The Globe and Mail, “it’s hard for investors to avoid being…
Max Drawdown a Good Indicator of Fund Volatility
When evaluating an equity fund’s volatility, more attention should be paid to “max drawdown”—the maximum decline a fund has experienced from peak to trough over a given period—than to standard…
Politics Shouldn't Impact Investing Decisions
“In a period of otherwise extended market calm, ” says a New York Times article published in May, “geopolitics have been driving periodic bouts of volatility.” Citing such events as…
Smart Beta Investing May Not Be So Smart
A new study has raised questions as to whether smart beta mutual funds, which are on course to reach $1 trillion in assets by the end of 2017, are as…
Behavioral Finance is Alive and Well
An article in last month’s MorningstarAdvisor provides a “brief tour through the history of behavioral finance” and offers some insights as to what might lie ahead. “Behavioral finance as a…
Stocks that Could Appeal to the Value Investor
In a recent article for The Globe and Mail, Validea CEO John Reese discusses the hefty divergence between growth and value stock performance so far this year and offers insights…