17
May
2016
PIMCO Shows that Discipline Can Pay Off
Lately, I’ve been interested in looking at strategies that have struggled in the past, in part because some of our strategies are struggling right now. Take value, for example, the strategy of buying cheap stocks with the idea that they outperform the overall market over time. It’s a tried and true approach dating back to the 1930s, but the last year has been so rough that the 10-year track record… Read More