Category: Thoughts

If a Soft Landing Is in the Cards, Why Aren’t Small-Cap Stocks Rallying?

From WSJ.com Wall Street Races to Bring Private Credit to the Masses Investing titans are jostling to launch funds made up of hard-to-trade private loans

This gentleman does interesting work which can be summarized as follows: Most equity investments are not good: the “mean” for equity investments is much higher

Securities can go down as well as up. Over-owned and hyped securities will be pummeled more. The world in which we live is heavily indexed

Why does the SEC want this? Who really wants it? “Only 4 hours of work” is BS. Another reason to run concentrated portfolios.

Private market assets under management totalled $13.1tn on June 30 last year, having grown at nearly 20 per cent a year since 2018. Most of

It is no secret that the Russell 2000 contains some crappy companies – some 40% of the R2000 constituents are unprofitable. This is a common

“I am open to the idea that the market is getting less efficient and that this has something to do with indexing. But if so,

I have clocked a lot of Smil on different topics. Thoughtful and obvious math on the carbon world. This is not political, it’s reality.

We do keep an eye out on all things roaming around the world, although a lot of them don’t turn up in portfolios. That said,

We will credit the Financial Times for this tidbit. Let’s assume a Chairman with a Forbes estimate of net worth north of $4 billion works