SPACs: An Uncorrelated Asset Class?
Do special-purpose acquisition companies (SPACs) offer any diversification benefits? Read More
Book Review: Valuation
The authors set out the core principles of valuation and offer a guide to measuring a company’s value. Read More
Big Tech, Huge Earnings
Alphabet, Amazon, and Apple report record earnings. Microsoft reports its biggest revenue growth in three years. Shopify rises on a strong quarter. Shares of Crocs, Facebook, and Waste Management hit […]
GameStop, Artificial Intelligence, Social Media, and the Future of Investing
The GameStop story represents a shift in the balance of power and with it the future of investing and social media. Read More
Peak Diversification: How Many Stocks Best Diversify an Equity Portfolio?
Optimal diversification in equity portfolios varies by style. Read More
Peloton, PayPal, and Investing in Real Estate
Peloton shares fall and its CEO apologizes for not recalling treadmills sooner. Activision Blizzard, Cloudflare, PayPal, and Square deliver stronger results than their stock movements indicate. Beyond Meat slips. Match […]
Book Review: The Technological Revolution in Financial Services
The book provides a roadmap on how the financial industry will evolve in response to three structural forces. Read More
Improving the Odds of Value Investing
So what is the value factor’s key performance driver? Based on what evidence? Read More
In Memoriam: David Swensen
With David Swensen’s passing, the financial community has lost one of the most important investors of modern times. Read More
Wealth Management in the Algocen Era: A Speculative Future
What will portfolio management look like in 2038? Read More