Value’s Long and Winding Road
…up, but because people were willing to pay increasingly high prices, until the prices became absurd and the tech bubble turned into the tech bust. There’s a brief period around…
…up, but because people were willing to pay increasingly high prices, until the prices became absurd and the tech bubble turned into the tech bust. There’s a brief period around…
…that reduces stocks and increases cash and bond exposures to reduce overall risk. The following chart is a sample glidepath that gets the basic idea across, although different firms use…
…Morningstar defines these categories, large cap growth is the largest sector, which is why it defines it that way in the charts above. But here’s the thing – everyone defines…
…businesses outright than shares of publicly traded stocks, so he’s reducing his publicly traded shares of PG for the outright ownership of Duracell. This swap allows Berkshire to avoid paying…
…think you need this argument to win the debate either, there’s plenty of other evidence that makes the point that at least gives the active management community a fighting chance….
…Mohamed El-Erian, quit abruptly and started an ugly, public feud. All of a sudden, stories about Gross’ mean-spirited and erratic behavior, like disallowing employees from looking him in the eyes…
…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…
…Capital, announced that it was shutting down its $900 million credit fund, and another hedge fund, Stone Lion, said that they were suspending redemption on their $400 million fund. This…
…Opportunities Fund, had about $3.5 billion at the end of 2007. His bet against housing resulted in a 340 percent gain for his investors that year, and vaulted his fund…
…2021 Round 2: Feb 4, 2022 Round 3: May 9, 2022 Round 4: Aug 5, 2022 Round 5: Jan 4, 2023 The joke is that he doesn’t add much each…