A Framework to Evaluate Value Strategies
By Jack Forehand, CFA (@practicalquant) Earlier this year, I wrote about the mechanics of value investing and the many decisions that go into building value portfolios. Many investors believe that…
After 2,600% Gain, Epic Run Fizzles
Philippine money manager Wilson Sy says his strategy of betting on lesser-known companies outside his benchmark index has been upended by the flood of cash into passive index funds, a…
Dividends Can Help When Value Trails Growth
Dividend stocks maybe help “narrow the performance gap for a value investor,” according to a recent article in Barron’s. But the article adds, “whether a company pays a dividend isn’t…
Who Needs a Hedge Fund? Not Jeffrey Vinik
After relaunching Vinik Asset Management earlier this year (it was closed in 2013), Jeffrey Vinik found that it was much harder to raise money than he anticipated, according to a…
AI, Big Data and Finance
A recent article in CFA Institute addresses the question of how Artificial Intelligence (AI) might impact the world of investing. Investment professionals have watched AI emerge with what the article…
Mark Mobius: No Recession and Trump in 2020
In a recent interview with Barron’s sister-publication Financial News, veteran investor Mark Mobius said, “I don’t see a recession risk,” explaining, “the simple reason is that with interest rates going…
Think Twice When You Hear Predictions of a Market "Crash"
The “c” word (i.e. crash) is “awfully good at grabbing investor’s attention,” but there’s no way to know when it will arrive, according to a recent article in The Wall…
KKR on Volatility in Private Markets
A recent paper by private equity firm KKR argues that, although the increased leverage and smaller company sizes typically included in private equity portfolios should lead to more volatility in…