The stock market won’t thrive again until ARK Innovation is dead, maintains an article inThe Wall Street Journal, citing a Wall Street insider who said that he doesn’t believe a…
What is the One Lesson You Would Teach the Average Investor? Ten Great Investors Tell Us
In each episode of Excess Returns we ask all our guests one standard closing question:Based on your experience in markets, if you could teach one lesson to your average investor,…
Public Pensions Face Funding Declines
Amid the turmoil in markets worldwide, U.S. public pensions are facing the worst decline since the Great Recession, reports an article in Bloomberg. Stock and bond losses are leaving state…
Success Can Breed Excess
The well-being of employees has become a top priority, both in corporate America and for ESG advocates. Regulators are considering rules that would require corporations to disclose just how much…
What Seeing Galaxies From “Far, Far Away” With The Webb Telescope Can Teach Us About Investing
By Justin Carbonneau (@jjcarbonneau) — NASA recently released images from the James Webb Telescope, the most powerful telescope ever. With gold plated mirrors and at about half the size of…
What Crashes Looked Like In The Past
Many people tend to think of market crashes as an abrupt drop—with good reason, as there have been a few that were quick jolts, such as the S&P 500 34%…
There’s Value In Value
Nearly every asset class has been bruised by this year’s market, with the speculative ones battered the worst, details an article in Forbes. With the S&P 500 down more than…
Wall Street’s Forecasts Need To Adjust
Wall Street has been scrambling to readjust its recession calls since the Fed raised rates last month, and now most models predict the probability of a recession within the next…
Value Investing, Compounding and Lifelong Learning with Gautam Baid
In this episode we speak with Gautam Baid, author of The Joys Of Compounding: The Passionate Pursuit Of Lifelong Learning. We talk about the power of compounding and the criteria…
Bridging The Gap Between Investor & Investment Returns
Sometimes a fund will show a great return, but the individual investor’s own return on their investment doesn’t match up. 10 years ago Carl Richards coined the term “behavior gap”…