…PE ratio is higher (20 vs. 17.5), which also affects the Shiller PE band. During this time period, you still see that stocks were deeply undervalued in the 1970s, the…
…talk about non-traded REITs. We like and use REITs (click here for more), but haven’t bought non-traded REITs. Traded or non-traded, REITs are simply companies that own commercial real estate…
…transparency, we present a collaborative, personalized approach to investment management. We value honesty and personal relationships. When Acropolis was formed, any business structure could have been established. We chose to…
…of his “inventions”, which is still around today, was to create the money-back guarantee, which has also become pretty universal. Thanks John, you set the standard for honesty and transparency….
…all but 5.8 percent of the fund is non-investment grade (also called ‘high yield’ in polite company and ‘junk’ among sailors), as indicated in orange. About five percent of the…
…for $16 million, a subsequent loss of -79 percent, which took the top-to-bottom loss of more than -99 percent, (Remember my old joke: how do you lose -90 percent? Lose…
…by oil (which, by value, dominates). Neither broad commodities or oil kept up with Treasury bills, the equivalent of cash, let alone stocks or bonds. Now, here’s what those returns…
…or, in a perfect world, doing both. So far, we’ve looked at three equity factors: size (small companies tend to outperform large companies), value (cheap companies tend to outperform expensive…
Over the past five years, the hottest investments have all had the word ‘private’ in front of them: private equity, private credit, and private real estate. Private investments, or ‘privates’…
…of a more hawkish Fed. This “cost-push” view of inflation is great in a textbook, but rarely happens in practice on a large scale as consumers adjust behavior to changing…
