Value stocks just had their worst month relative to growth in about twenty years, according to a recent Bloomberg article that highlights vastly different opinions as to whether a comeback…
Tag: Market Cycles
Howard Marks on Improving Investing Odds
At the CFA Society Portland’s Annual Investment Strategy Dinner last month, Oaktree Capital co-chair Howard Marks said the two most important factors for investing success are managing risk and understanding where…
Burton Malkiel's Review of Howard Marks' Mastering the Market Cycle
An article in The Wall Street Journal offers Burton Malkiel’s review of Howard Marks’ new book, Mastering the Market Cycle. According to the article, the book focuses on Marks’ belief…
Howard Marks Weighs in on Surviving Market Upheaval
A recent Barron’s article offers insights from Oaktree Capital Management co-founder Howard Marks on the recent uptick in market volatility. Here are some highlights of Marks’ comments: The market is…
The Challenges of Market Cycle Timing
By Jack Forehand (@practicalquant) — Everyone wants to follow the investing advice of market legends. After all, that level of success is typically not achieved by accident. Investors want to learn…
Market Wisdom from Howard Marks
In a recent podcast, author Tim Ferris interviews Howard Marks to discuss the Oaktree Capital co-founder’s views on investor psychology, his new book Mastering the Market Cycle: Getting the Odds on…
The Case for Value Stocks
By Jack Forehand, CFA (@practicalquant) — Value stocks have lost their mojo. After an extended period from 2000 to 2007 where they outperformed growth stocks by a wide margin, they…
This Late Stage Economic Cycle Could Be Coming to an End
The current robust earnings season shows that investors are willing to pay for companies that are performing well but are also overlooking those where “growth is anything but stellar,” says…
Barry Ritholtz: Market Performance Isn't Due to President
In a recent Bloomberg article, the co-founder and chief investment officer of Ritholtz Wealth Management debunks the notion that the stock market’s record performance is tied to hopes around the…
Sonders: Market Most Likely in Post-Echo Bull Phase
Liz Ann Sonders, chief strategist for Charles Schwab, outlines the four phases of the stock market over a full market cycle. Since 1960, the market can be seen following the…