Out of Sample Value Returns…in the 1800s?
Imagine being a value bro from 1866 to 1926...worked even better!
Via @paradoxinvestor
https://theideafarm.com/portfolio-management/the-cross-section-of-stock-returns-before-crsp-2/
What If AI Stocks Are Like The….Airlines?!
Best analogy I've heard recently for the bear case on AI (via @unpopularvc) - AI firms are like the airlines.
Amazing invention
Changed the...
The Bond Apocalypse
Fixed income returns have been atrocious, but most have not noticed. The #1 Best fund on this recent Morningstar list has zero real returns...
Cheap, Hated, and Breaking Out…
🇧🇷 Brazilian stocks were up 14% yesterday. 🇧🇷
Brazil was the world's 2nd cheapest stock market at the end of Q3. The media assumes...
10 Investing in America Quotes
"The first rule of compounding is to never interrupt it unnecessarily." — Charlie Munger"The best rule for investors is, 'Don't just do something, stand...
10 Stats from Investing in America
10 numbers from Investing in America that sound made up:
𝟭. $1 invested in US stocks in 1800 grew to $4,227,433 in real terms by...
Meb’s Greatest Hits
I've been publishing papers, books, and blog posts for over 15 years, covering everything from asset allocation strategies and global value investing to farmland...
Investing in America Is Out
Friends,
This year, America turned 250 — and my new book tells the story of the 250-year bull market behind it:
Investing in America: The Rise...
Can You Beat A Low Cost ETF? Let’s Find Out
If you're on the board of a foundation or endowment, you now have a dilemma.
There exists an endowment stlye ETF, with all in fees...
The UK is the Buyback Capital of the World
via @SchrodersUS
https://theideafarm.com/markets/schroders-equity-lens-7/
