Jason Zweig on Potential Quantitative Model Crisis
A Ph.D. in Economics and former senior risk manager for Bridgewater Associates, Richard Bookstaber argues that while human judgment along with quantitative modeling can lead to better results than either…
Grantham Says Higher Valuations Will Remain
“The market can stay irrational longer than the investor can stay solvent”, writes Jeremy Grantham in a recent Barron’s article. Grantham addresses the fact that, since 1996, the market mean…
Ken Fisher's Price-to-Sales Ratio and Super Stock Picks
While investors and the media focus on a stock’s PE ratio, investing guru Kenneth Fisher affords more attention to the price-sales ratio as a valuation measure, writes Validea CEO John…
ETFs Have Become Portfolio Mainstay
After taking about 20 years for exchange trade funds (ETFs) to gain popularity, they are “quickly displacing mutual funds as the mainstay of the average investor’s portfolio because of the…
Europe Still Has Room to Run
Despite fretting over the French election, first-quarter European market data surged and the European Commission’s consumer sentiment survey is near its 2007 peak, according to a recent article in The…
Rob Arnott Questions Use of the Smart Beta Strategies He Pioneered
Rob Arnott, founder of Research Affiliates LLC, published a paper earlier this month in which he questions the use of some “smart beta” investment strategies he pioneered, according to a…
Equity Investors Should Look to Europe
To get the most out of the global recovery, equity investors should look to Europe. This according to a recent Bloomberg article. In an interview last week, Bjorn Lind, a…
Buffett Says Berkshire Stock Will Rise After He Dies
At Berkshire Hathaway’s annual meet last Saturday, CEO octogenarian Warren Buffett assured shareholders that they’ll be fine if he were to pass on, according to this week’s Bloomberg. “If I…