September 7, 2018

Natural Resources in Your Portfolio

Meketa on a nice natural resources overview… Charts then download: —- —- Download PDF Meketa on Natural Resources Website Good investing, Meb Faber
February 22, 2018

#1 Read of the Year

The CSFB GIRY is always my favorite read of the year (you should read all the archive years if you have not yet). They started only publishing a Summary and Slide Deck beginning in 2017, so if you see the […]
December 21, 2017

Optimal Universe

People always assume more is better when it comes to trading and markets….is it? Chart and download —- —- Link Optimal Universe Website Get a Free Subscription! If you send me an email with a link or attachment to […]
May 11, 2017

History of Farmland Investing

I have a biased personal interest in this as we have farmland in Kansas, but I found this interesting. I also included an older article by the author with an intro to farmland investing.  Lots of links in the footnotes… […]
September 9, 2016

(Not so) Pure Energy

I’ve never been quite comfortable with resource stocks as a pure substitute for commodities, but this piece from GMO makes a good argument. Chart then link. —- —- Link to article: An Investment Only a Mother Could Love: The Case […]
March 16, 2016

Commodities 10 Years Later

Two for Wednesday.  First, a famous commodities paper updated 10 years later, and second, a review of the most skilled hedge fund managers. I found the below table on basis particularly interesting.  Table then downloads: —- —- Download PDFs Facts […]
June 15, 2015

A Simple System to Thump the Market

Three assets: stocks, long bonds, and gold. Equal weight whatever is above the long term trend (10 month SMA). That’s it.  Similar to our old QTAA paper, and so very basic (which is good). Picture, no download. Copyright 2015 Ned […]
March 5, 2015

The Last Dictator in Europe

I was grabbing dinner with E.B. Tucker, the author of the linked publication, a few months ago.  We chatted foreign markets over some vegan Thai food (a phrase that sounds funny outside of LA probably).  He has a pretty cool […]
July 28, 2014

17% per annum

Summertime reading has been a little slow, but here is a fun question: Name the asset class: 17% return/yr past 10 yrs No down years Ours trades at 35 PE I’ll spoil this with the answer (farmland).  There are not […]
November 10, 2013

Housing Stocks in 2014?

McClellan has a great chart in his weekly column examining lumber as a leading indicator for housing stocks: “Housing industry stocks as a group appear poised to start a strong pop up into early 2014.  That’s the message from looking […]
October 7, 2013

Quant Summaries

It’s hard to keep up with all the academic literature out there.  I used to post summaries from AlphaLetters, some of the banks do research summaries, and CXO always does a good job. Below are two summaries from another source, […]
September 27, 2013

Cloning Managed Futures

A fun guide on how to clone or index managed futures.  Why pay for a Winton when you can do it all yourself? —- —- Link to the Article Demystifying Managed Futures Website
April 22, 2013

Copper Inventories Rising

I have been following the work of Tom McClellan for years now, and enjoyed the chance to sit down and have a few beers in Seattle a few months ago.  Tom puts together some really nice charts and studies, often […]
April 17, 2013

Fundy Improvement

Janiczek had a nice piece out last week that had a telling table.  It shows how much the S&P has improved on a number of fundamental metrics, but hasn’t budged much since 1999 on a price basis.  Just goes to […]
April 12, 2013

The Short Side of Long

Below we feature a new (to me) newsletter called The Short Side of Long.  Tiho writes the blog and new email newsletter, often featuring lots of charts, and in this case it was his series on Commitment of Trader’s (COT) Reports […]