June 26, 2022
“I’d compare stock pickers to astrologers but I don’t want to bad mouth astrologers.” – Eugene Fama RESEARCH Clocktower Group – False Narratives Will Cost You Money (29 pages) Market narratives, inflation, the dollar rally, and why Paul Volcker is a […]
June 18, 2022
“Conventional wisdom results in conventional returns.” – Mario Gabelli RESEARCH SSGA – PriceStats Analysis: From Bad to Worse (4 pages) State Street on inflation, the ECB’s dilemma, and the differential between fuel price and consumer food price inflation in emerging markets. […]
June 12, 2022
“Bottoms in the investment world don’t end with four-year lows; they end with 10- or 15-year lows.” – Jim Rogers RESEARCH LongTail Alpha – Trend-Following Research Series Part 2: Rising Rates and Trend-Following (12 pages) LongTail Alpha on trend-following across […]
June 5, 2022
“Every market I’ve seen eventually punishes clever investors and rewards patient ones.” – Naval Ravikant RESEARCH Who Need TIPS When You’ve Got Friends Like This? – 9 pages GMO’s 1Q22 quarterly letter gets into inflation, commodity prices, and opportunities in resource equities. […]
May 29, 2022
“Excellence for most of us blossoms and flourishes for only a brief flicker of time. Either because of human fragility, maturation, or simple outright exhaustion, it’s difficult to perform at a crescendo for an extended period.” – Bill Gross Looking […]
May 22, 2022
“I have never interviewed a money manager who told you he’d never made a mistake, and a lot of them do, who didn‘t stink. Every great money manager I’ve ever met, all they want to talk about is their mistakes. […]
May 15, 2022
“Investors tend to demand more performance consistency than is feasible in competitive markets, often resulting in ill-timed capitulations.” – Antti Ilmanen Looking for more than just dividends? Cambria’s Shareholder Yield ETF, SYLD goes beyond dividends to include buybacks and debt […]
May 8, 2022
“If I ever get an economic law named after me I want it to be ‘There is no investment product so good gross, that there isn’t a fee that could make it bad net’.” – Cliff Asness RESEARCH Global Investor […]
May 1, 2022
“The most important quality for an investor is temperament, not intellect.“ – Warren Buffett RESEARCH Putin’s Invasion Reminds Us That We Live in a Finite World – GMO (4 pages): Jeremy Grantham shares his view on the finite nature of our […]
April 24, 2022
“Every great money manager I’ve ever met, all they want to talk about is their mistakes. There’s a great humility there.“ – Stanley Druckenmiller RESEARCH 2021 Study of Endowments (16 pages): NACUBO-TIAA’s survey of 720 institutions covers trends around gifting, spending, […]
April 18, 2022
Today we have Jeff Currie & Tim Pickering on commodities, Dylan Grice on the end of duration, and Marc Chaikin on the benefits of combining technicals with fundamentals. Investing Superinvestors And The Art Of Worldly Wisdom: #51: Diego Parrilla On […]
April 13, 2022
As part of a series, this paper takes a detailed look into the work behind studying and revamping valuation techniques. —- —- Links Paper 3 – Overhauling the Science of Valuations – Oliver Wyman The first two papers in the […]
April 11, 2022
Below is our “Top Podcast” list with our curator, Colby Donovan! Today we have Ian Bremmer on the war in Ukraine, Andrew Beer on managed futures and hedge fund strategies, and Dr. Gio Valiante with a masterclass on peak performance. […]