Bottoms Are Easier to Spot than Tops
This is perhaps the most profound thing I could say about market timing: “Bottoms are easier to spot and harder to act on; It is...
MiB: Ben Inker, GMO
This week, we speak with Ben Inker, head of Asset Allocation at GMO. The legendary Boston-based institutional...
Late Cycle Bubblicious?
To hear an audio spoken word version of this post, click here. I wrote a column yesterday (out tomorrow) on how to...
S&P 500 CAPE Ratio: 2020 vs 1929
S&P 500 CAPE ratio now above 1929 levels for the only time apart from 1998-2001 Source: Jim Reid, Deutsche Bank One of...
AirBnB & DoorDash Showcase Best and Worst of Uber
Uber, the ubiquitous on demand app that turned people’s spare time and cars into a global fleet of taxis, is...
Intangibles
Source: Bloomberg Today’s must read column is by Sarah Ponczek of Bloomberg News: Epic S&P 500 Rally Is Powered...
MiB: Joel Greenblatt on Gotham Relative Value
Why have value stocks been underperforming growth stocks for so long? Joel Greenblatt of Gotham Asset Management LLC explains why the...
MiB: Joel Greenblatt on Relative Value
This week, we speak with Joel Greenblatt of Gotham Asset Management LLC. An adjunct professor at Columbia Business School since 1996, he...
Valuation Debate: P/E, Cycles and Expensive Stocks
Is the Stock Market Overvalued, Cheap or Just Right? A Debate Valuation metrics can help in investment decisions, but they’re also...
MiB: How, When and Why Value Beats Growth
Bill Miller is not your usual Value manager. He owns stocks like Alphabet and Amazon since their IPOs (and still does). At one time, he...