May 26, 2020
The last decade has been hard on value investors. Even the most disciplined disciples of Graham and Dodd, who have diligently sought bargains that were out-of-favor with the market, have fared poorly relative to growth investors. But the market volatility that began in February has exposed the kind of market...
May 21, 2020
A Wall Street Journal article at the beginning of April reported that actively managed U.S. stock funds lost an average of 24.6% in the first quarter of this year. But there were some noteworthy outperformers, including the Baron Opportunity Fund. That journal article noted that this fund had the second-best...
May 20, 2020
In a down market, one of the types of investments that should perform well is long-short funds. But not all those funds have given investors the downside protection they need. I am talking today with the manager of a long-short fund that has delivered this year. That fund is the 361 Global Long/Short Equity Fund...
May 19, 2020
I am in Gloucester, MA at the home of the noted economist Dr. Horace “Woody” Brock. I visited Woody here two months ago and recorded a podcast as the coronavirus crisis was unfolding. Today, I am going to ask Woody some follow-up questions.
May 18, 2020
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On May 15th we learned that both Industrial Production and Retail Sales took a dive for April. |