Charlie Munger’s Investing Basics
A recent Morningstar article outlines four investing principles outlined in the book “Charlie Munger: The Complete Investor” that echo the early value investing concepts of Benjamin Graham. The book “explains…
The Downside of Conviction
Conviction is probably the most important thing in investing. Regardless of the investment strategy you utilize, the ability to stick with it during the challenging periods is required to achieve…
William Green: Takeaways from Greatest Investor Interviews
A recent article in the American Association of Individual Investors (AAII) offers insights from author William Green, whose new book “Richer, Wiser, Happier: How the World’s Greatest Investors Win in…
Kaissar: Value Investing and the Price-to-Book Ratio
While for many value investors, a low price-to-book ratio has long been synonymous with opportunity, a recent article by Bloomberg columnist Nir Kaissar argues that in recent years it has…
Morningstar: My Pile of “Too Hard” Investments is Pretty Big
In a recent Morningstar article, personal finance director Christine Benz explained that the list of investments she chooses to pass on—the “too hard” pile—has grown larger and continues to expand.…
Combining Growth and Momentum Investing with O'Neil Global's Randy Watts and WisdomTree's Jeremy Schwartz
Many investors tend to think growth and momentum investing are highly aligned with each other. But as we have seen recently, with many momentum funds making an aggressive move into…
Are Equities an Inflation Hedge?
A recent CFA Institute article debates the case for equities as an inflation hedge. “Since operating businesses can increase their prices at will, the theory holds, they can mitigate the…
Record Low of 25% Pass Rate for Level 1 CFA Exam
Only 25% of nearly 26,000 applicants passed the Chartered Financial Analyst Level I exam administered in May, the lowest since testing began in 1963, and the pandemic played a significant…