Author Archive

10 Friday AM Reads

Some reads to keep you busy on this Good Friday morn:

• Did the bull market happen without you? Here’s why (MarketWatch)
• Money Rotates Into Late Cycle Names (All Star Charts) see also Why Stocks Are 43% Too Expensive (Forbes)
• Active managers must work to justify fees (FT)
• Yuan Depreciation Is Deeper Than You Think (Real Time Economics)
• The Economist Was a Rock Star (New Republic)
• Labor Shortage Threatens to Bust the Shale Boom (Bloomberg)
• Merely Rich and Superrich: The Tax Gap Is Narrowing (NY Times) see also Get Used to It: The Rich Do Get Richer (Fiscal Times)
• How Can Yahoo Be Worth Less Than Zero? (Bloomberg View)
• Is Harvard Law prof Cass Sunstein “the most dangerous man in America?”  (The Atlantic)
• The Business of Building Roller Coasters (Priceonomics)

What are you reading?

Declining Misery Index Boosting P/E

Source: Dr. Ed’s Blog



Category: Financial Press

Inside the Design Studio Where Ferraris Are Born

Pininfarina has been successfully designing luxury cars for more than 80 years. The Italian design firm is responsible for some of the world’s most luxurious and expensive supercars – think Ferrari, Maserati, Rolls Royce. Bloomberg visited Pininfarina’s headquarters in Italy. Inside the Design Studio Where Ferraris Are Born Source: Bloomberg, April 15 2014

Category: Weekend

Asness: Stocks & Bonds Are Expensive

Cliff Asness, founder & CIO at AQR Capital Management, discusses his investment strategy, how geopolitical risks influence markets, his biggest market concern and why he believes we are not in a tech bubble on Bloomberg Television’s “Market Makers.”

Long-Term Market Outlook Concerns Me Most: Asness

Bloomberg April 15


Bloomberg’s Michael McKee and Cliff Asness, founder & CIO at AQR Capital Management, dig deeper into consumer prices for March and weigh the expense of bonds and equities on Bloomberg Television’s “Market Makers.”

Stocks and Bonds Both Equally Expensive: Asness

Bloomberg April 15

Category: Investing, Valuation, Video

10 Thursday PM Reads

Afternoon train reading: • Swedroe: Don’t be a member of the hedge fund club  (CBS) • Active vs. Passive: Try harder or do something easier? (Abnormal Returns) see also Stories Triumph Statistics (Seeking Wisdom) • Beware Of The Walking Dead In Your Portfolio (Forbes) • China in gold collateral financing shock (FT Alphaville) • Intentions On Housing (Alhambra…Read More

Category: Financial Press

China’s Bloated Financial System: A Quick Guide

Source: Bloomberg Briefs

Category: Finance

AAII Sentiment: Bulls & Bears

click for larger graphic continues here

Category: Digital Media, Sentiment

10 Thursday AM Reads

My early Thursday reads: • Secular stagnation or secular boom? (Antonio Fatas) • Intentions On Housing (Alhambra Partners) • That Pesky Indicator Still Saying U.S. Stocks Are Cheap (Bloomberg) see also Stockmarket “Monster Spray”? (High Net World) • Five Good Questions with Professor Terry Odean on Behavioral Economics (Above the Market)’ continues here

Category: Financial Press

Why Has Hedge Fund AUM Hit New Record Highs?

I have been fairly fascinated by hedge funds for quite some time. I began studying them earlier last decade. It has been an intriguing field for investigation for a number of reasons: 1) Alpha Generators: In the early days of hedge funds, they created a ton of Alpha. Like pre-expansion sports leagues, there was a…Read More

Category: Hedge Funds, Investing

How Do Investors Fight Through Market Noise?

Bloomberg’s Barry Ritholtz examines how investors react to big market moves, the role of fundamental analysis in today’s markets and the recent rough road for IPOs on Bloomberg Television’s “Market Makers.”

Category: Mathematics, Media, Video

10 Wednesday PM Reads

My afternoon train reading: • Stop sabotaging your investments (MarketWatch) see also Ignore the Market, Watch the Data (Bloomberg View) • Stiglitz: How Much Trading Should There Be? (Bloomberg View) • Jeff Kleintop Sees Good Earnings Growth Ahead (Barron’s) see also Economic recovery accelerates as winter turns to spring (The Term Sheet) • Too Big to Jail…Read More

Category: Financial Press