January 29, 2017

TREASURY BILLS OUTPERFORM MOST STOCKS — SAY WHAT???

Wes does a really nice summary of a white paper on stock distributions, along with a couple other great links from JPM and Longboard. Seriously, read all four.  Table then download —- —- Downloads TREASURY BILLS OUTPERFORM MOST STOCKS — […]
January 26, 2017

It may not be my money, but it is my job.

—Charles Ellis in Investment Policy: How to Win the Loser’s Game Fun one on career risk from Research Affiliates… —- —- Downloads How Not to Get Fired with Smart Beta Investing Website https://www.researchaffiliates.com
January 15, 2017

Value Pain Train

Two pieces today since one is just a chart. First, a beauty of a PDF from Star Capital on value cycles…you can see how 2009-2016 was a big growth cycle (until around the election). Second, is a PDF compilation of […]
January 13, 2017

Bundles of Charts

Here’s some fun updates from JPM…home country bias chart then the downloads… —- —- Downloads JPMorgan Eye on the Market and Quarterly Chartbook. Website https://www.jpmorgan.com/
January 3, 2017

CAP Updates CORRECTED

Quarterly CAPE Ratio Updates! After a great year of performance in 2016, the order for the countries has changed but most macro positioning remains the same.  So, despite the monster moves in Brazil and Russia > 50%, they’re still cheap. […]
January 1, 2017

HNY!

Here are three pieces to start out the new year!  Three charts then three downloads…best wishes for a prosperous 2017! —- Downloads PIMCO Value and Carry in FX Salient The Free Lunch Effect Blackrock Robos Come of Age
December 21, 2016

Closed End Funds

Semi annual piece from MS on closed end funds, if that’s your thing…. Chart then download: —- —- Link to articles: Closed End Fund Report Website: http://www.morganstanley.com/
December 20, 2016

Top 10 Interviews

Fun end of the year piece from Manual of Ideas…Top 10 Interviews from Greenblatt, Montier, Marks, etc. Straight to the download: Downloads Top 10 Interviews Website https://www.manualofideas.com/
December 18, 2016

Two from RA

You guys know I love the cheap global stocks…turns out Research Affiliates does too.  Love this chart! Also threw in a bonus piece on Systematic Global Macro… Chart then two downloads: —- —- Downloads The Emerging Markets Hat Trick: Time […]
December 16, 2016

Predicted Returns

A very simple overview of an oft talked about concept – future stock returns. Video link, bonus white paper, and website: Link Video: The most important number you won’t find in the Wall Street Journal White Paper A Case Study […]
December 14, 2016

Investor Awards

Here is a monster list of top investment papers on all sorts of topics for 2016.  I’ll post the link below as well as the full list from Savvy Investor so you can pick and choose what most interests you. […]
December 11, 2016

Soros the Trend Follower?

How did Soros, Buffett, and Lynch put together decades of great performance? AQR asks the question with some interesting answers… Chart and download: —- —- Link Alternative Thinking Website http://www.aqr.com
December 4, 2016

When a “Value” Company is Not a Value

New to this Chris Meredith guy, but he’s been cranking out some great research over at OSAM. Interesting discussion on why P/B may not be such a good value indicator anymore… Chart and download: —- —- Link When a “Value” […]
December 2, 2016

Century City

Duration, 100 year bonds, Mnuchin, and “will France blow up the Euro?”. All in one three-pager from Dillian’s Dirtnap. Chart and download: —- —- Link Century City Website http://www.dailydirtnap.com/
November 26, 2016

Real Estate CAPE

Quick reminder to new subs:  If you send me a research piece that I end up using, I’ll refund your account with $100, just email me with “RESEARCH” in the subject line.  The below issue is from reader M.K…. A […]