…are our animal spirits, and cycles of fear/greed, which are much harder to predict. Another factor complicating things: the sheer size of the oncoming fiscal stimulus. “One can argue about…
Search Results for: factor
The Bond Fallacy
…in 1985, it bought only a third as much bread as the same amount would have bought in 1965. Even when you factor in the coupons, the investor ended up…
The Two-Pronged O'Shaughnessy Attack
…12-month sales that were at least 1.5 times the market mean. Size and market position weren’t enough to make a value stock attractive for O’Shaughnessy, however. Another key factor that…
'Good to Great' Author Collins: "Those Who Panic, Die On The Mountain"
…Collins says the other common factor shared by firms that have made it through troubled times is that they “understood that it was the caliber of their people that would…
Bogle: Earnings Will Come Back Strong
…to play a major factor in long-term stock returns. (In fact, Bogle says the market’s long-term 9.5 percent historical return is composed of a 4.5 percent dividend yield and 5…
WSJ, Grantham on The Trouble with Earnings
…it used to be,” adding that one factor involves companies failing to depreciate the value of technology quickly enough on their books. Grantham chops 13 percent off of operating earnings…
CFA Panelists: Economic Bears, Stock Market Bulls
…she thinks that many (though not all) markets have fallen enough to make new opportunities attractive. ‘There is value being re-established,’ she said. All the analysts said the macro factors,…