In this episode, we speak with Guy Spier. Guy has built a very successful long-term track record as a value investor, but the lessons we can learn from him go…
The Long and Short of Factor Investing
By Jack Forehand, CFA, CFP® (@practicalquant) — Most of us who build factor-based portfolios rely on academic research as the underpinning of our strategies. And that makes a lot of sense. If we…
Abel Buys $24.6 Million in Berkshire Stock
Greg Abel, the Berkshire Hathaway executive who is the presumed heir apparent to CEO Warren Buffett, has purchased Berkshire stock worth $24.6 million, according to an article in Barron’s. With…
Powell’s Guide Shows Rate Cuts Are Coming
A recession as well as rate cuts are both certainties this year, according to an article in Bloomberg that cites the metric that Fed Chairman Jerome Powell pointed to a…
Beat The Market With Boring Stocks
For all the years that growth was king, value-focused managers such as Clifford Asness bided their time, which finally came with last year’s tech rout. AQR, which Asness cofounded in…
Banks Are Still Bargains To Some Investors
More and more investors are wagering that the banking sector will rebound and that regional banks are in much better shape than originally thought, according to an article in The…
As SVB Collapses, Bank Insiders Are Snapping Up Their Own Stock
In the midst of the Silicon Valley Bank collapse, bank executives at other establishments were buying up their own stock in droves, reports an article in Forbes. 43 insiders at…
The Recessions That Never Happened
The amount of analysts predicting recessions could make up an entire industry, but though they have been wrong much of the time in the last two years, many people still…
Goldman Sachs: U.S. Households Will Sell $750 billion In Stocks
Strategists at Goldman Sachs estimate that U.S. households will sell off $750 billion in stock in 2023, due to rising bond yields and reduced savings, according to an article in…
Last Year’s Deal A Coup For Berkshire Hathaway
A year ago, Berkshire Hathaway purchased insurer Alleghany for $11.6 billion—1.26 times book value and 12 times projected 2022 earnings. Given that insurance stocks have rallied since the date of…