In a prolonged anti-value momentum-driven rally, it’s easy and natural to forget the long-term value proposition of a rebalancing discipline. The evidence and intuition underlying
Under the heading of things that just can’t last, today’s topic is venture capital firms continuing to invest in technology companies that consistently lose an
Selloff in Complex Investments Flashes Warning for Junk Bonds
It may surprise you to hear that we sincerely believe there are aspects of the investment management industry that are truly unique. Before you start
Pacific Investment Management Co. is moving the bar for an asset allocation fund co-managed by Rob Arnott. Arnott’s Pimco All Asset All Authority Fund has
Political Cycles and Stock Returns – Lubos Pastor and Pietro Veronesi
Meb Faber is a SoCal-based investor I have known for a number of years. Meb is the CIO of a quant firm called Cambria Investments.
Download Cove Street Capital’s October 2019 Strategy Letter Number 37: “Fitzgerald, Goethe, Value”
You Can’t Be a Wimp — Make the Tough Calls — Harvard Business Review
Source: The Wall Street Journal
…show him or her the following chart, courtesy of Goldman Sachs (with a hat tip to the Wall Street Journal): For those of you who
Three American business school professors decided to find out. In a first-of-its-kind study, they analyzed more than 26,000 earnings calls from more than 2,100 public
