Under the Hood: Stock Market Valuation, Pt. 2—Shiller and Tobin
Concluding our discussion of stock market valuation tools, we look at Robert Shiller’s CAPE and James Tobin’s Q Ratio.
Under the Hood: Stock Market Valuation, Pt. 1: Buffett’s Choice
To begin our look at the most popular stock market valuation tools, we consider Warren Buffett’s favorite.
Average Returns, Rarer Than You Think
Plus, the average investor realizes returns of about 3.7%. Why? Because they chase alpha and fail rather than aim for beta and succeed.
How to Win the Sports Card Collecting Game
Auction director Chris Ivy on what makes a sports trading card likely to grow in value.
Not Even Hedge Fund Managers Think About Alpha at the Altar
When hedge fund managers get married or divorced, their fund alpha drops more than 7% for several months around the event, researchers found.
Ferri’s Forecast for Next 30 Years
As a flurry of forecasts look at the coming quarter or year, Portfolio Solutions principal Rick Ferri takes a bit of a longer view.
LPL’s Final Four: Which Factor Will Move Markets Most?
LPL CIO Burt White looks at which factor will be the champion driver of stock returns.
Bill Gross Blasts ‘Hostile’ Investing Climate, Says ‘New Neutral’ Rate Now Zero
The Janus manager argues that the investing environment is so inhospitable that he is reduced to trading more than owning bonds to deliver shareholder return.
Economist: Sell Your Stocks, Take 6 Months Off
It's time investors took a break from the frothy market levels, says Steen Jakobsen.
Value Investors’ Inconvenient Truth: They Lose to S&P 500
Value shop Research Affiliates argues that, ironically, “value investors are supplying a premium to other market participants rather than collecting one.”