…equity markets (yanking almost $60 billion from U.S. stock funds this year alone), the mass inflow to the low-vol funds is making the shares in those funds more expensive, leading…
Search Results for: low-volatility funds
When the Going Gets Tough, the Rich Take a Hike
…that a roughly 10% increase in volatility corresponded with a 3.3% increase in sales volume for the top 0.1% of earners. When volatility went up by 25%, proportionate selling by…
Hedge Fund Heavy Hitters Offer Range of Outlooks & Predictions
As the hedge fund industry continues to struggle to justify high fees and awful returns, some of this year’s speakers at the Sohn Investment Conference addressed how the largest funds…
Charles Brandes Gives Tips for Savvy Value Investing
Charles Brandes, founder and Chairman of Brandes Investment Partners, is a disciple of the Benjamin Graham school of value investing. He has made much of his wealth managing funds that…
What are Investor Returns, Really?
…example, investors buy into a fund because it’s showing great returns, this flood of dollars would result in actual investor returns falling below the fund’s published total returns. Since markets…
Top Value Investor Chris Davis on the Value in Financials
…some of the Davis funds hold these types of stocks. He uses Wal-Mart as an example, which he says was generating very little positive cash flow decades ago when it…
Tepper, Dalio, Gundlach on Opportunities and Risks in Today’s Market
…level of debt renders monetary policy less effective. Further, he thinks future returns will be below average, thus impacting many funds’ ability to meet their liabilities. Dalio states that he…
Concentrated Investing: “Go Big or Go Home”
…31, 2016. Donovan says, “We do monitor the issues as to how these funds are composed and the liquidity of the funds, and we’re in a good place right now.”…
Follow Buffett’s Lead and Focus on Value + Quality
…glean insight into Buffett’s high quality and value portfolio at Berkshire. For example, the chart below shows that the stocks owned by Buffett trade at lower market multiple’s than the…
Investing in Small Caps – Beware of Style Drift & Avoid Junk
…to small cap strategies and/or selecting small cap stocks. Mistake #1: Beware of Style Drift. Hulbert points out that many funds that call themselves small cap funds may in fact…