…in anticipation of the trend of unprofitable over profitable reversing. International stocks, low volatility stocks (i.e., consumer staples and utilities) and financials are a few of the places in the…
Search Results for: low-volatility funds
Buffett Defends Berkshire’s Pandemic Moves
…some special purpose acquisition companies, day traders and private-equity funds that have driven valuations in both private and public companies to record levels were more gamblers than investors.” The straight-talking…
Interview with Jeffrey Gundlach on the State of the Financial Market
…“gentle word for default” or create a new and different economic system to correct our current “level of brokenness.” Gundlach predicts market volatility to pick up in “unprecedented proportions.” He…
Small-Cap Recap from Royce
…the pace of small cap returns will slow, positive results seem likely, with history showing the possibility of low double-digit returns on an annualized basis over the next few years.”…
Weekly Highlights: Low Risk Stock Investing, Drivers of the Value Premium & Best of Breed Value Investors Greenblatt/Pzena
…featured on the blog for the week ending 4/30/2021. The Posts We Discuss: Some Thoughts on Low Volatility Investing Academic Research Spotlight: Migration by Eugene Fama and Kenneth French (Ep….
Goldman Says Picking Stocks is Harder, But Tesla and Twitter Show Promise
…previous returns and volatility). The higher the dispersion score, the more sensitive a stock is to “micro” factors and “the greater the chance it will move enough to give investors…
Some Thoughts on Low Volatility Investing
…done the best work I have seen on this and he has found that both value and momentum can enhance a low volatility strategy. In his paper “Enhancing a low-volatility…
Hedge Fund Short Trade Collapses While Longs Rise
…“driven a risk-on rotation in favor of what was once the least popular equities—low-quality and value shares.” This according to a recent Bloomberg article. “Wall Street bears battered by the…
Managers and Investors Switch to ETFs
…$900 billion has flowed out of stock mutual funds and 1.8 trillion has flowed into stock ETFs. “E.T.F.s are simpler and cheaper for managers to run than mutual funds,” the…
Greenblatt and Pzena on Active Management in 2021
In a recent investing masterclass, longtime friends Joel Greenblatt (Gotham Funds) and Richard Pzena (Pzena Active Management) shared insights on the state of active management and what it means to…