Doug Ramsey, CIO of Leuthold Weeden Capital Management, predicts a bear market. Although he expressed similar concerns in August, his past calls have been remarkably accurate and not consistently bearish.…
Study: Smaller Hedge Funds Beat Largest Funds by Wide Margin
Nick Motson and a colleague from City University London recently concluded that small hedge funds outperformed large hedge funds on average over the 20-year period 1995-2014. The smallest hedge…
Profitably Switching In and Out of Small-Cap Stocks
Joe Mezrich, strategist with Normura securities, and colleague Adam Gould have shown that three factors correspond with small-cap performance: low price-to-sales cost relative to large stocks; economic uncertainty (reflected…
2 Percent Growth is the New 4 Percent According to Epoch’s Priest
William Priest, CEO and co-CIO of Epoch Investment Partners, says “2% [growth] is the new 4% as far as developed markets are concerned.” He continues: “Global GDP is a…
Fisher: Parallels with the 1990s
Long-time Forbes contributor and Fisher Investments CEO Ken Fisher opines that “the most stunning unnoted market phenomena right now are parallels between the past eight years and the period…
Bridgewater's Dalio: 2015 May Be Like 1937 for the Market
A recent Wall Street Journal piece notes that hedge-fund manager Ray Dalio and others have discussed potentially significant parallels between 1937 and 2015. Dalio, in a March letter earlier…
Working through the Pain for the Best Long Term Gain
In a Financial Planning article titled “Investing Should Be Painful,” founder of research firm Wealth Logic, LLC Alan Roth writes, “I suggest telling clients to embrace the pain and…
Manager Looks at Free Cash Flow to Beat the Market
Sandy Rufenacht, of Aquila Three Peaks, takes an intensive look at companies before investing, looking especially at their free cash flow over the next 12 months and their relationship with…
Buffett on America's Progress and Why he Remains a Long Term Optimist
Asked what he is optimistic about, Warren Buffett reflects on some key points of progress over his lifetime and suggests some things we might all be thankful for. “If I’d…
Leading Fund Managers Offer Bullish and Bearish Predictions
Financial Advisor magazine offers up brief predictions by some top fund managers. Ruchir Sharma, of Morgan Stanely, says “We are now just one big shock away from a global…