December 22, 2014

Checking in with Maketa

Meketa puts out a few good pieces every quarter, and while this one is a few months old it is worth bookmarking the website. A few charts then the downloads: —- —- Download PDF Capital Markets Outlook Website
December 21, 2014


13F week 8…my favorite, Baupost! Download PDF CHAPTER 8 – BAUPOST GROUP “In capital markets, price is set by the most panicked seller at the end of a trading day. Value, which is determined by cash flows and assets, is […]
December 15, 2014

Top Reads of 2014

In the spirit of the year end lists, below are my favorite reads from 2014.  Pour yourself another glass of eggnog as this is a lot of material… Download PDFs Predicting Stock Market Returns – Star Capital The Final Bubble Frontier – […]
December 14, 2014


13F week 7...BARROW, HANLEY, MEWHINNEY & STRAUSS Download PDF CHAPTER 7 – BARROW, HANLEY, MEWHINNEY & STRAUSS Over the course of the past 30 years, Barrow, Hanley, Mewhinney & Strauss (BHMS) has proven that you do not need to take […]
December 12, 2014

5 Years

It is easy to get caught up in short term results in markets (just look at zero coupon bonds this year!), and 5 years can feel like a lifetime.  Below Cliff looks at a basic three fund portfolio, short but […]
December 7, 2014

13F: Avenir

I’ve decided to both to make everyone happy…text in the body of the email and a PDF. 13F week 6…AVENIR Download PDF CHAPTER 6 – AVENIR CORPORATION “We focus on what is knowable, starting with the truth that the investment process […]
December 2, 2014

A great one

Novus is becoming one of the best sources of hedge fund intelligence, new report below… Chart then link: —- —- PDF Intelligence Report Website:
November 30, 2014

13F: Ariel

13F week 5…I’m experimenting with just pasting this in the body of the email instead of a PDF… CHAPTER 5 – ARIEL INVESTMENTS “The problem is that most investors do not view negative returns and extreme volatility opportunistically.  As self-proclaimed […]
November 27, 2014


I was a little too quick to send Tepper’s portfolio last weekend, it was slightly off.  Correct one below! Happy Thanksgiving!
November 25, 2014


13F week 4…Tepper! Download PDF APPALOOSA
November 21, 2014

Bond Risk

Short piece from Ineichen.  Quick read with a couple good charts on stocks vs. bonds.  While stocks are more risky by vol, bonds can slowly bleed to death in inflationary times… Chart then link: —- —- PDF MYTH: Time reduces risk […]
November 16, 2014

13F: Akre

13F week 3 includes our third manager profile (after Buffett & Abrams)… AKRE
November 14, 2014

Mo Fundy Value

I haven’t read much of interest lately (if you see anything great pass along as always!). We’ve featured a lot of Research Affiliates though, and this email they look at some very simple factors back to 1960s.  Nothing you probably […]
November 9, 2014

13F: Pros and Cons & Abrams

13F week 2 includes pros and cons of the strategy and our first manager profile! PROS & CONS & ABRAMS
November 2, 2014

13F: Introduction

I promised to start sending out a series of posts on tracking my favorite hedge funds and their stocks picks.  Starting today I will be sending out a weekly post on Sunday for you to read with your NFL consumption.  […]