In 2015, my firm Validea hired a technology consultant who was also building a company utilizing blockchain technology. At the time, the consultant suggested, “You know, you should take a…
Tag: Featured
Why Growth Investing Is Harder Than You Think (Ep. 47)
Growth investing has seemed easy in the past decade. Growth stocks have easily outpaced both value stocks and the market, which has led to great performance for many growth strategies.…
Interview: A Multi-Disciplinary Approach To Investing & Learning With Nir Kaissar (Ep. 46)
Investing in today’s world requires an ability to understand multiple disciplines. In addition to understanding markets and having the ability to put current events in a long-term context, it also…
Is Passive Investing Distorting the Market?
By Jack Forehand, CFA (@practicalquant) I usually like to write articles where there is a clear conclusion at the end. I also usually like to write about topics that I…
Interview: Liquidity Cascades with Corey Hoffstein (Ep. 45)
It has been said that the most dangerous words in investing are “this time is different”. But sometimes a confluence of factors come together to significantly change the character of…
The Role of Expectations in Investing
By Jack Forehand, CFA (@practicalquant) I am not one to go out to fancy restaurants very often. Most of the time, I tend to prefer cooking at home to eating…
Why the S&P 500 is an Active Portfolio, and Other Observations on the Stages of Active Management (Ep. 44)
Active management deserves all the criticism it gets. After all, over 80% of equity managers underperform their benchmarks over the long-term and active managers charge vastly higher fees compared to…
Investing’s Real Magic Formula: Compounding
“When it comes to saving, investing, and the power of compounding, starting earlier is better – a lot better.” – Joel Greenblatt The quote is not taken from Joel Greenblatt’s…
Excess Returns, Ep. 43: The Past, Present and Future of Investing with Morningstar's John Rekenthaler
John Rekenthaler is Vice President of Research for Morningstar, the author of the Rekenthaler Report column, and a leading expert on the mutual fund industry. John has been with Morningstar…
Six Narratives Shaping The Stock Market In 2020
In this bonus episode, we we discuss a presentation Justin recently gave to Fidelity customers about some of the major narratives shaping the current market. The word “unprecedented” tends to…