Nerd's Eye View

APRIL 3, 2024

Notably, the work-from-home movement has resulted in a dramatic drop in office valuations that could lead to a whole host of issues, including lending constraints in the banking sector, which is already sitting on a mountain of unrealized losses on Treasuries and mortgages.

Economics 244

Economics Marketing Marketing Valuation 244

Nerd's Eye View

OCTOBER 18, 2023

A key value proposition for financial advisors is helping clients avoid common behavioral biases that can lead to suboptimal investment decisions. Which often leads to advisors counseling their clients to stay diversified and stick with a disciplined investment strategy to optimize their risk and return over the long term.

Marketing 246

Marketing Marketing Valuation Advertising 246

Alpha Architect

SEPTEMBER 16, 2022

How did Momentum investing perform after the previous two valuation peaks? Key finding: Momentum investing also performed well following episodes when value stocks were cheap. Of course, momentum portfolios did not perform nearly as well as value portfolios, but they did still beat the generic market.

Valuation 119

Valuation Investing Investments Portfolio 119

Abnormal Returns

DECEMBER 5, 2022

Markets Small cap stocks stand out for their cheap valuations. compoundadvisors.com) Strategy Ben Carlson, "We’ve never seen a market environment like this where both stocks and bonds were crushed simultaneously." observer.com) Treasury market liquidity is a growing risk. ft.com) Credit cards are a legacy system.

Startup 244

Startup Marketing Marketing Financial Advising 244

Abnormal Returns

FEBRUARY 28, 2024

Markets Some of the most speculative sectors are perking up. blockworks.co) Strategy Rubin Miller, "Investing on hopes and hunches — making emotional decisions — is why so few portfolios earn the actual market return." fortunesandfrictions.com) The rise of passive investing hasn't broken the markets.

Valuation 279

Valuation Financial Advising Startup Media 279

Abnormal Returns

JANUARY 14, 2024

thefp.com) Stock markets around the world are at or near their highs. awealthofcommonsense.com) 12 lessons the markets taught investors in 2023 including 'Valuations cannot be used to time markets.' morningstar.com) A visualization of the top 10 S&P 500 stocks by market cap. Always follow up.' wsj.com)

Valuation 294

Valuation Assets Investments Investing 294

Abnormal Returns

OCTOBER 29, 2023

Top clicks this week A big regime shift has happened in the economy and financial markets. ritholtz.com) The bond market bear market is pretty epic. mrzepczynski.blogspot.com) Byron Wien's 20 rules for investing and life. wired.com) Bond bear markets are different than stock bear markets.

Valuation 303

Valuation Economy Financial Market Portfolio 303

Nerd's Eye View

JANUARY 3, 2024

economy) contracted for the 12th consecutive month, the services sector (constituting about 78% of GDP) expanded for the 11th consecutive month, serving as a primary driver behind continued wage inflation as well as tightness in the labor market. The labor market, while still remarkably resilient, has also started to show signs of stress.

Economics 246

Economics Marketing Marketing Economy 246

Abnormal Returns

JULY 16, 2024

mrzepczynski.blogspot.com) Comparing the correlation benefits of managed futures vs. market-neutral multi-factor investing. alphaarchitect.com) On the valuation of TIPS and nominal Treasury bonds. papers.ssrn.com) How views of the market differ between academics and normies. than in other markets.

Valuation 265

Valuation Management Portfolio Investments 265

Nerd's Eye View

JULY 5, 2023

stock market has, on average, outperformed international equities over the last 15 years since emerging from the Great Recession of 2008, many investors argue that international diversification is a poor allocation of dollars that would otherwise be earning more in the U.S. As the U.S. The outperformance of U.S. The outperformance of U.S.

Valuation 246

Valuation Economics Portfolio Investments 246

The Reformed Broker

SEPTEMBER 22, 2023

This week, Michael Batnick, Jeremy Grantham, and Downtown Josh Brown discuss being the “Bubble Historian”, Inflation, Modern Valuations, the Four most Dangerous Words, Real Estate, Impact Investing, and much more! Welcome to the latest episode of The Compound & Friends. Listen here: Apple podcasts Spotif.

Valuation 306

Valuation Investments Investing Marketing 306

The Big Picture

OCTOBER 2, 2024

 At The Money: Finding Overlooked Private Investments , with Soraya Darabi, TMV (October 02, 2024) The Efficient Market Hypothesis informs us that stock markets reflect all of the information known about any company. Inefficient markets can lead to unexpectedly better returns. How does this affect VC investing?

Investing 182

Investing Investments Startup Valuation 182

The Big Picture

APRIL 7, 2023

My end-of-week, market’s-closed-but-BLS-open Good Friday reads: • Here’s What Happens at the IRS After You File Your Taxes Refunds can come in five days—or a few months. A marketing professor gave his students a challenge: If they made a video that got a million views, the final exam would be canceled. ( You Had Better Go Viral.

Valuation 298

Valuation Advertising Economy Food 298

Abnormal Returns

SEPTEMBER 24, 2023

Top clicks this week How Morgan Housel invests his portfolio. capitalspectator.com) The credit markets are very different than they were in 2009. institutionalinvestor.com) Putting a valuation on Instacart ($CART). etf.com) The hardest thing about being an investor is deciding what to focus on. morningstar.com)

Math 279

Math Valuation Portfolio Investments 279

Abnormal Returns

JUNE 4, 2024

Markets The best time to prepare for a bear market is before it begins. billion valuation? bloomberg.com) Has the 'anti-woke' investing movement peaked? awealthofcommonsense.com) When you own $240 million of a meme stock, does it actually own you? sherwood.news) Companies Does Intel ($INTC) have a route forward?

Financial Advising 294

Financial Advising Economy Valuation Media 294

Abnormal Returns

JUNE 27, 2024

Markets By this measure, the stock market is at record-high concentration. axios.com) It's been awhile since we had a 2% stock market drop. carsongroup.com) Strategy Investing is planning. mrzepczynski.blogspot.com) Why you shouldn't care what other investors or the markets are doing.

Financial Advising 278

Financial Advising Startup Valuation Manufacturing 278

The Big Picture

DECEMBER 17, 2022

This week, we speak with Robert Koenigsberger , the managing partner and chief investment officer of Gramercy Funds Management. A dedicated emerging markets investment manager, Gramercy Funds Management — which Koenigsberger founded in 1998 — now has more than $5 billion dollars in assets under management.

Management 281

Management Valuation Consulting Investments 281

Abnormal Returns

SEPTEMBER 1, 2024

Markets The S&P 500 returned 2.43% in August 2023. on.spdji.com) There are too many markets at all-time highs to count. wsj.com) Good luck trying to time the stock market using valuation metrics. awealthofcommonsense.com) Market statistics can gloss over the big picture. Don't let anyone tell you otherwise.

Financial Advising 295

Financial Advising Valuation Economy Economics 295

Abnormal Returns

JUNE 6, 2023

(insights.finominal.com) Research Kai Wu, "While Quality seeks firms that are profitable today, Intangible Value seeks those investing in profitability tomorrow." alphaarchitect.com) Why the London Stock Exchange is losing share to other markets. papers.ssrn.com) Private equity fundamentals (and valuations) are not great.

Valuation 234

Valuation Investments Investing Marketing 234

Abnormal Returns

SEPTEMBER 6, 2024

Strategy Three reasons why the stock market declines. ritholtz.com) Semiconductors Trying to put a valuation on Nvidia ($NVDA). worksinprogress.co) Global China is investing in so-called 'connector countries' like Mexico. awealthofcommonsense.com) Three reasons to buy Josh Brown's new book "You Weren’t Supposed To See That."

Financial Advising 288

Financial Advising Media Valuation Economy 288

Abnormal Returns

AUGUST 20, 2023

Top clicks this week How to invest if you have a really long time horizon. awealthofcommonsense.com) If Fed funds top out at 5.5%, what does that mean for the bond market? monevator.com) Should investors actually care about stock market valuations? disciplinefunds.com) Don't confuse cash and bonds.

Valuation 244

Valuation Investments Investing Marketing 244

Abnormal Returns

AUGUST 29, 2023

Research 15 lessons learned from the quantitative investment research business. blog.thinknewfound.com) Should market valuations revert over time? Not necessarily. thediff.co) Is illiquidity a feature or a bug? savantwealth.com) How the 52-week high affects stock prices. papers.ssrn.com) Historical returns are not set in stone.

Valuation 244

Valuation Investments Investing Marketing 244

The Big Picture

FEBRUARY 2, 2023

Businessweek ) • #EUROBOOM European stock markets have further to rally, argues GS ( FT ) • Wall Street Is Losing Out to Amateur Buyers in the Housing Slump : Big money spent a fortune snapping up homes. The Fed: Not So Fast : Traders keep bidding up stock and bond prices in hopes that the central bank will declare victory over inflation.

Valuation 279

Valuation Banking Assets Investing 279

The Big Picture

JUNE 20, 2024

In response to repeated inquiries from BofA clients, Savita looked at numerous indicators that collectively suggest markets are topping. The table above shows the major market peaks going back to 1990. But as prior history has taught us, all bull markets eventually come to an end. appeared first on The Big Picture.

Marketing 195

Marketing Marketing Valuation Media 195

Abnormal Returns

APRIL 25, 2024

Markets The energy sector is still less than 4% of the S&P 500. allstarcharts.com) What are to make of the big, and persistent, valuation disparities between large and small caps. axios.com) Investment consultants Nearly all U.S. institutional investors work with a investment consultant.

Accounting 265

Accounting Consulting Financial Advising Valuation 265

Abnormal Returns

FEBRUARY 6, 2024

Markets A look at Magnificent Seven valuations. ft.com) Nvidia ($NVDA) has added some $500 billion market cap in just six weeks or so. behaviouralinvestment.com) How to pick a proper investment benchmark. behaviouralinvestment.com) How to pick a proper investment benchmark.

Financial Advising 265

Financial Advising Valuation Manufacturing Media 265

Abnormal Returns

JULY 25, 2023

priceactionlab.com) Why managed futures investing isn't more popular. papers.ssrn.com) Research It makes total sense that equity market valuations are higher today than in the past. alphaarchitect.com) What you get when you replicate the performance of an investment strategy. wsj.com)

Startup 246

Startup Valuation Taxes Accounting 246

Abnormal Returns

APRIL 4, 2023

International AQR on the case for emerging market equities. institutionalinvestor.com) It's hard to get past the difference in valuation between European and U.S. priceactionlab.com) Diversification Does 1/N diversification work when it comes to factor investing? mailchi.mp) U.S. stocks are not the only game in town.

Valuation 246

Valuation Portfolio Investments Investing 246

Abnormal Returns

JANUARY 3, 2023

Markets How major asset classes performed in December 2022. investment in semiconductor manufacturing can only do so much. wsj.com) Startups are going to experience a "new normal" valuation-wise. avc.com) SpaceX is raising new capital at a $137 billion valuation. axios.com) U.S. The underlying companies are similar."

Startup 242

Startup Valuation Financial Advising Distribution 242

Abnormal Returns

SEPTEMBER 14, 2023

Markets TIPS are on sale. wsj.com) Strategy Bull markets have four distinct stages. ritholtz.com) On the power of keeping an investing journal. rationalwalk.com) What the life of Napoleon can teach us about investing. tonyisola.com) Investing inspiration from 'blue zone' habits.

Financial Advising 279

Financial Advising Advertising Economy Valuation 279

A Wealth of Common Sense

NOVEMBER 3, 2023

Here’s a conversation between me and a hypothetical stock market investors who worries a lot: Investor: The S&P 500 is the only game in town to invest in but I’m worried because the valuations are so high and all of the gains are coming from a handful of stocks. Me: If you think the large cap U.S.

Marketing 145

Marketing Marketing Valuation Investments 145

Abnormal Returns

DECEMBER 20, 2023

Markets Six charts that defined markets in 2023. finance.yahoo.com) Hipgnosis is having a hard time coming up with song valuations. capitalspectator.com) The housing market remains bifurcated. abnormalreturns.com) Research links: persistent investment factors. axios.com) The Nasdaq 100 is just different.

Financial Advising 260

Financial Advising Valuation Media Economy 260

The Big Picture

MARCH 20, 2024

At the Money: Benefits of Quantitative Investing (March 20, 2024) Throughout history, investing has been a lot more “Art” than “Science.” For most of the last century, investing was a lot more art than science. What Works on Wall Street was the first quantitative equity investing work, more or less for the layperson.

Investing 162

Investing Investments Portfolio Valuation 162

A Wealth of Common Sense

DECEMBER 25, 2023

Today’s Talk Your Book is brought to you by Polen Capital: We are joined by Todd Morris, International Growth Portfolio Manager and Analyst for Polen Capital to discuss investing outside the US.

Investing 112

Investing Investments Portfolio Management Valuation 112

Abnormal Returns

AUGUST 22, 2023

Markets The stock market is laser focused on interest rates. theirrelevantinvestor.com) Do market valuations mean revert over time? thediff.co) Why there's never a shortage of pundits willing to make a big market call. wsj.com) Earlier on Abnormal Returns Research links: investment time horizons.

Financial Advising 246

Financial Advising Valuation Retail Media 246

Abnormal Returns

JANUARY 30, 2023

Markets How worried should investors be about the debt ceiling drama? No, but the options market is changing. awealthofcommonsense.com) Rubin Miller, "The stock market is brashly indifferent to our opinions." nytimes.com) Funds How the launch of the SPDR S&P 500 ETF Trust ($SPY) changed financial markets.

Financial Advising 246

Financial Advising Media Valuation Economy 246

Carson Wealth

JANUARY 16, 2024

Carson Investment Research 2024 Market Outlook: Seeing Eye to Eye We are targeting a total return of 11-13% for the S&P 500 Index in 2024 and 4-6% for the Bloomberg U.S. We also share a long-term view of markets, highlighting the persistence of the equity risk premium and the value of diversification. Aggregate Bond Index.

Investing 96

Investing Investments Marketing Marketing 96