Great piece from GMO on emerging markets and US stock valuations…don’t miss this one! …chart then download: —- —- Link Q2 Letter Website https://www.gmo.com/
Fun long letter from Marks…love this joke! Quote then download… —- —- Link to Download There they go again, again Website https://www.oaktreecapital.com/
Before we get to today’s issue, wanted to remind all our subs to make sure to send us any feedback…We’d like to cram as much value as we can into the subscription, so let us know any and all ideas! […]
Idea Farm friends…..next month will mark five years since we started our investment research offering…crazy how time flies! We have almost 500 research pieces in the archives, which is amazing. I often go back and scan all the materials…with so […]
Food for thought. Chart then download… —- —- Link to Download Fair Value CAPE Approach https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2983860 Website https://investor.vanguard.com/
Quarterly CAPE Ratio Updates! After a great year of performance in 2016, many cheap countries are continuing to outperform. Right to the stats! Median CAPE Ratio: 16.9 25% most expensive: 26 (U.S. in this bucket) 25% cheapest 10 Average of […]
Some nice charts in here…below one details just how different emerging market sector compositions can be… Chart then download… —- —- Link to Download From niche to necessity Website https://www.blackrock.com
Some excellent charts from Robeco, including REIT yields and Europe vs US CAPE ratios…biggest spread since at least the 1980s… Charts then download… —- —- Link to Download Outlook Website https://www.robeco.com
This was one of the first pieces we sent out to the Farm, now updated through 2016… Abstract, chart, then downloads… —- In this article, the authors study the performance of trend-following investing across global markets since 1880, extending the […]
The question is, are Siegel and Shiller drinking Red Stripe beers on Slide 2? Chart then downloads… —- —- Link to Download Risk and Relative Values In Diversified Portfolios Website http://www.econ.yale.edu/~shiller/
Romick has one of my favorite commentaries…not just because he speaks to the market outlook, but also to his process and some specific ideas. We’ve covered some before (search the archives), and today has a fun assymetric idea on bond […]
All sorts of quant goodness on the new RAFI asset allocation tool redesign…model portfolios, expected returns, currencies, CAPE ratios….you name it! Clear about an hour and go play around… Charts and link: —- —- Link to Download Press Release Overview […]