Top Stockpicker Steps Off Hedge Fund Stage
An article in Barron’s reports that Steve Mandel–“the most successful fundamental stock picker of them all”—stepped down as portfolio manager of Lone Pine Capital in January. The article notes that…
Jim O'Shaughnessy on the Psychology of Investing
In a September interview on the Off the Chain podcast, legendary investor James O’Shaughnessy shared insights on human nature, psychology, and how they manifest in investing decisions. Here are some…
Vinik is Getting Back into Stock Picking
In an interview with CNBC earlier this year, former Fidelity Magellan fund manager Jeffrey Vinik said he’s resurrecting the hedge fund he closed in 2013, but not just to compete…
How ETFs Work – And Why All Investors are the Beneficiaries
By Jack Forehand (@practicalquant) — Wall Street has a reputation for enhancing itself at the expense of the individual investor. And that reputation is well deserved. It has been very…
Robert Shiller On What Investors Should Be Worrying About
At the Inside ETFs conference in Florida last month, Yale professor and Nobel laureate Robert Shiller talked about an impending recession, the threat of nuclear war and the importance of…
Charlie Munger Trusts Only Two Men with His Money
At the annual meeting of the Daily Journal Corporation in February, board chair Charlie Munger said that there is only one person, other than partner Warren Buffett, that he trusts…
A $3 Trillion Tsunami Looms
An article in MarketWatch warns that the mountain of corporate debt coming due by 2023—$3.3 trillion, representing 48% of all current outstanding commercial debt—could spell bumpy road ahead for the…
A Hedge Fund Performs by Staying Small
Managers of the Netherlands-based Plethora Precious Metals Fund say that the “key to getting monster-sized returns in mining equities is to be small,” according to an article in Bloomberg. Compared…