…difference. It sounds complicated, I know, but essentially the process is selling high and buying low, instead of buying low and selling high. If you’re wrong and prices actually rise,…
…out inefficiencies like the one in the story. There’s a lot of competition in markets, even the supposedly inefficient corners like small cap, emerging markets or distressed debt. That competition…
…the specific cases in question, but I think that anything that makes it more difficult to prosecute insider trading is unfortunate because insider trading undermines confidence in the entire system….
…that debate is decades old. Their contribution is that small caps do have superior returns, if you focus on quality companies and avoid junky ones. A few years ago, the…
…the same time period. In some ways, that makes a lot of sense because corporate bonds suffered during the 2008 financial crisis and the last five years only includes the…
…come back and dwarfed the old occurrences. One of the most credible explanations for the lack of liquidity is directly related to the law of unintended consequences in my opinion….
…that these are only estimates – almost no companies have reported their fourth quarter results at this point and there will undoubtedly be a lot of surprises that will affect…
…of our non-US stock holdings along with the expected stock price declines. At this point, S&P futures suggest that stocks will open around three percent lower than yesterday and foreign…
…Friday night the number of reporting companies will have grown to 176 and we’ll have more information about where we stand now and what companies expect in the near future….
…on us because we don’t have straight exposure to commodities, click here for the details on why we’ve avoided commodities). Of course, we’re all affected by the price drop. The…
