Jack Bogle, founder of Vanguard Group, has maintained a very simple personal investment strategy for many years: 60% U.S. stocks, 40% U.S. bonds. Now age 84, he has recently shifted…
Focus on Long-Term Food Trends, Not Short-Term Factors, Reese Says
One of the keys to successful investing is knowing the difference between long-term trends and short-term disruptions. That’s what Validea CEO John Reese says, and he says investors who can…
Third Avenue Management’s Rewey Discusses His Value Approach
Robert “Chip” Rewey, who recently began to manage the Value and Small-Cap Value funds at Third Avenue Management, embraces an “intellectually honest investment style” by digging deep and avoiding the…
Betting on Oil: Recent Losses and Uncertain Prospects for Oil Bull
Andrew Hall, the manager of Astenbeck Capital Management LLC who gained public notoriety for receiving a $100 million settlement from Citigroup in 2008, continues to bet oil prices will rise.…
Top Manager Combines Quant Models with Nuanced Active Management to Find Opportunities
Vladimir de Vassal, co-manager of the Glenmede Large Cap Core and Glenmede Large Cap Growth, actively manages on the basis of data run through numerous models that he has developed…
Leading Investors See Need to Identify Specific Countries for Emerging Market Opportunities
Michael Hasenstab, manager of Franklin Templeton’s Templeton Global Bond Fund, says that some emerging markets present “not a once-a-decade, [but] a multi-decade opportunity to be buying very cheap assets.” He…
Low Returns Going Forward, Predicts Cliff Asness of Hedge Fund Behemoth ARQ
Clifford Asness, president and managing principle of AQR Capital Management, expects returns below the historical norm to be “the single largest factor out there we have to deal with.” He…
4 Ways On How to Improve Forecasting Skills, a Credit Suisse Report by Mauboussin
In the aggregate, forecasters may be “roughly as accurate as a dart-throwing chimp,” but some forecasters are particularly and consistently far better than average. Credit Suisse reports that the book Superforecasting: The Art and…
A Disciplined Market-Timing System That Nearly Doubled The Market Over Four-Plus Decades
Trying to time the market often leads to big problems for most investors. But Validea CEO John P. Reese says that, in the hands of a highly disciplined investor, a…
Presidential Election Years Not Good for Stocks, Writes Hulbert
Mark Hulbert debunks the misperception that a presidential election year is good for stocks. “During fourth years [of a presidential term] the stock market tends to be a below-average performer”…