…(more on that here). In this case, though a fund that is nothing but futures will likely cause two issues. First, the fund is likely to trade at prices that…
…is one of the big surprises of the year, rates fell dramatically and the longer the bond, the better your portfolio looked. In 2013, when rates rose, it was just…
…peruse their results on page nine if you click here. Similarly, I found that the California Public Employees Pension System (CalPERs) publishes the returns for their private equity investments (click…
…returns. His big insight was to combine value investing with momentum, not just in stocks but across all asset types like bonds, commodities and currencies. Ultimately, he left Goldman to…
…comfortable with the risks. While I am comfortable investing in these strategies for clients, we think it’s best done on a limited basis and the strategies don’t quite pass the…
…through a lot of the issues that may be holding Berkshire back – the huge cash pile, the difficulty of finding large deals, especially with competition from the private equity…
…right now, almost nine percent in the first quarter for S&P 500 companies. Over the last 20 years, the profit margin for these 500 companies has been closer to seven…
…catalysts yesterday were much narrower: sharp losses in a large Swiss mining company. Glencore PLC was once a commodities related hedge fund, but starting in the late 1980s, Glencore branched…
…compute the market value of the company based on the high and low prices assuming a constant share amount (the share count changes all the time, but not enough to…
…the DJIA includes a number of our Approved List stocks, which would affect my choices. Stay tuned tomorrow for the macro forecasts (guesses) on subjects like oil and interest rates.…
