Richard Turnill, BlackRock’s chief global investment strategist, advises investors to “curb their enthusiasm.” Turnhill commented in BlackRock’s most recent weekly market commentary: “We see a global portfolio made up of…
Understanding the Behavioral Continuum on Your Way to Becoming a Better Investor
Shreenivas Kunte, director of content at the CFA Institute, recently wrote about the Behavioral Continuum and how it affects our decision making process. He contends that “behavioral patterns extend across…
Hussman on High Plateaus and Poor Precedents
John P. Hussman of Hussman Funds examines permanently high plateaus in the market and their poor precedents in a recent installment of Hussman Funds’ Weekly Market Comment. He predicts a market retreat over the completion of the current market…
Asness vs. Arnott on Smart Beta, Factor Timing, and Performance Chasing
Cliff Asness, co-founder of AQR Capital Management, added fuel to the debate over “smart beta” investing with a recent paper attacking arguments made by Rob Arnott of Research Affiliates. Arnott,…
Data Shows Americans Hate The Stock Market Right Now
Americans have dumped $2 trillion dollars of stocks, according to a recent article from Business Insider. Tom Lee of Fundstrat said in a note to clients this month, that “there…
Bogle: No Stock Pickers in What Looks Like an Expensive Market
Jack Bogle, founder of the Vanguard Group, tells CNBC that “there is no such thing as a stock picker’s market.” He goes on to say that the phrase, “a stock…
Loeb Warns of Hedge Fund “Washout”
Dan Loeb, founder Third Point, draws two conclusions about the hedge fund industry and the markets in his recent shareholder letter, according to this recent Bloomberg piece. The first is…
All Things Buffett
In the spirit of Berkshire’s Hathaway’s annual meeting this weekend, we thought it would be good to put together a list of articles and links that may be interesting for…
Implications of S&P Price Reversion to Trend
April’s S&P 500 index price was 80% above its long-term trend. Jill Mislinski, a research director with Adviser Perspectives, analyzed long-term stock market patterns by using simple regression analysis on…
Time For An Oil Rebound?
After oil prices began their dramatic plunge in the summer of 2014, many oil stocks became persona non grata in the investment world. Now, nearly two years later, a number…