…about what that bear market meant, how it affected their behavior then and how it ought to factor into their thinking now,” they write. One key lesson: Beware “expert” opinions,…
Search Results for: factor
Hot List: The 2014 Outlook
…Kenneth Fisher, whose writings form the basis of one of my best performing Guru Strategies, has talked about the “fear of false factors”, saying that he takes it as a…
Nygren Talks Value, Opportunity, And The End Of QE
…that the exact timing of the tapering of the Federal Reserve’s bond-buying program “ends up not really being an important factor,” adding, “We certainly think the markets can handle it.”…
OSAM on the Efficient Market Myth
…passive indexing approaches have a key weakness: “The stock selection and weighting criteria for the index are based on one factor: market cap.” O’Shaughnessy talks about “proven factors” that OSAM…
The Gurus Accessorize with Coach
…in part due to increased competition, is a driving factor behind the guidance change. Investors also may be nervous that Coach is in the process of changing up its business…
Hedge Fund Guru: Stocks Are Still Cheap
…Reserve’s quantitative easing policies. Baron tells CNBC that stocks are attractive based on valuation alone, though he says the Fed’s dollar-devaluing efforts are certainly another factor to consider. Baron also…
For Most, No Time Is a Good Time for Stock-Picking
While stock correlations have been declining, several researchers say that doesn’t make the current environment any better for stick pickers — whose odds of success remain exceptionally low. “One factor…
Beating the Market with Growth ... and Value
…value stock attractive for O’Shaughnessy, however. Another key factor that was a great predictor of a stock’s future, he found, was cash flow. My O’Shaughnessy-based value model calls for companies…
The Trouble with Mean Reversion
…it challenging to tell in the moment where things stand. Rekenthaler says that when valuations stray to real extremes from a mean, that can still be a useful factor in…
Is It Skill, or Luck?
…high tracking error, which is sort of making a lot of factor bets. So it’s something that’s different than the portfolio via stock-picking but not making big factor bets,” he…