Bob Doll of Nuveen Asset Management says they “expect equities will outperform bonds over the next six to 12 months, although the ride is likely to be bumpy” in…
Be Like Buffett: Go Low -- Low-Beta, That Is
Conventional wisdom has long held that, in investing, greater risk leads to greater reward. But over the past couple years, new research has turned that idea on its head, and…
Securing Alpha From Small-Cap Stocks
Vitali Kalesnik and Noah Beck of Research Affiliates provide a detailed analysis of how investors may be able to capture alpha in the small-cap sector. They liken investing in…
Is the Weakness in High Yield Signaling a Recession?
The Wall Street Journal notes that U.S corporate high-yield bonds are down 2% this year, which would be only the fifth annual loss on a total-return basis since 1995.…
There's Much More to "Buy What you Know" says Legendary Fund Manager Peter Lynch
Peter Lynch, the super-star manager of the Fidelity Magellan Fund until 1990, says the famous advice to “invest what you know” attributed to him leaves out the importance of…
Dividend-paying Stocks Slipping Since Financial Crsis
From 1928 to 2014, dividend-paying stocks outperformed non-dividend-paying stocks by nearly 2%, but that edge has slipped since 2008. John Buckingham, CIO of Al Frank Asset Management, notes that…
MarketWatch's Hulbert: Now Could Be the Time for Small-Caps
Mark Hulbert writes in MarketWatch that “all of [the small-cap] sector’s much-vaulted historical relative strength has come at the end of December and early January,” as reflected in the monthly…
Re-defining Value
The value premium may seem to have disappeared. Since 1926, cheaper stocks have outperformed expensive ones by 400% according to data from Normura (see graph below). Since February 2007, however,…
Fidelity Magellan Manager is Betting on the Financial Sector and Starting to Examine the Beaten Up Energy Patch
Jeff Fiengold of Fidelity Magellan told Moringstar that his fund is overweight financials because he believes “the sector is cheap, and there is a prospect for improving fundamentals.” Overall, though,…
Ramsey Predicts 20-25% Bear Market
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.…