Quant strategists at Deutsche Bank have found that investors can “beat equity benchmarks by building portfolios out of stocks that get whipped around the most when exchange-traded funds rebalance.” This…
Search Results for: low-volatility funds
Value Investing Strategies with Good Outcomes
…names with low ratios of: price-earnings price-book value price-tangible book value price-sales price-cash flow price-free cash flow enterprise value-EBITDA The article reports, “The value portfolios won in each and every…
The Dangers of Headline Investing
…a result of Trump’s election, the market itself saw lower taxes and lower regulation going forward, both of which are significant positives for the market. What should have a big…
Gundlach: A Recession is Getting Closer
…spread was as low as 28 basis points. “It is flashing yellow,” he says, “It needs to be respected.” The best way to invest in this type of environment, says…
Vanguard: The Future of Active Management
…petitioned the SEC to allow “nontransparent ETFs,” but the only form to emerge has been a hybrid structure with features of both ETFs ad traditional mutual funds. “As more active…
BAM's Swedroe Discusses Size Effect
…is made stronger when size is “combined with the newer common factors of profitability, quality and defensive (low beta).” The quality factor is important with respect to the size premium:…
Bill Ackman's Possible Comeback and How Investors Could Benefit
…sizable upside potential, and that investors stand to get a double benefit if the discount narrows.” It also mentions other beat-up funds that could present opportunity, including Daniel Loeb’s ThirdPoint…
Buffett Winding Down Derivatives
…Berkshire could have written this business. It demonstrates the unique power of this franchise and their size.” While the article says the derivatives have created some volatility in Berkshire’s quarterly…
An Overview of Quantitative Tightening
A recent Bloomberg article offers insights on the current trend of quantitative tightening and the subsequent uptick in market volatility: In a period of quantitative easing, the article explains, a…
Bill Miller on Value Investors' Biggest Mistake
…Legg Mason, Miller looks for companies focused on “high returns on invested capital and free-cash-flow growth, as well as large market opportunities. That helps small and large investors alike distinguish…