This page was just created on January 1st 2019 it will be updated a LOT for the next 90 plus days! However, we already have a lot of coverage especially of conferences for Q4 as of today 1/1/19!! As a reference in Q3 18 i updated the page about 155 [...]
When it comes to dividend growth stocks, the Dividend Aristocrats are the “cream of the crop”. These are stocks in the S&P 500 Index, with 25+ consecutive years of dividend increases. Q3 hedge fund letters, conference, scoops etc ValueWalk readers can click here to instantly access an exclusive $100 discount on [...]
Although December was undeniably a painful month for equities, it's almost like the steep correction never happened. The S&P 500 hasn't yet reached the level it was at before the early-December crash, but the way things are looking now, the index could be close to it within the next [...]
Bronte Amalthea Fund commentary for the month of December 2018. Q3 hedge fund letters, conference, scoops etcUS markets had their worst December since the great depression year of 1931, but the month was a very good one for Bronte. Good enough also to make it an okay quarter despite October [...]
I spent a lot of time in the 2018 End of Year Special Edition looking back across the year, covering some of my best charts and calls (and some of the worst!). But this article provides a look at the most important part of that report... Q3 hedge fund letters, [...]
In 1988, The Economist magazine ran an article on Ireland titled “The poorest of the rich.” The title was well-deserved. That year, Irish per capita GDP was just 70 percent of the figure for the United Kingdom and 52 percent that of the United States. The unemployment rate was 16.2 percent [...]
Wall Street glorifies companies that beat quarterly estimates by arguing that the long term comprises a lot of short terms. But beating earnings estimates for a few consecutive quarters doesn’t necessarily lead to long-term greatness. It assumes that significant changes to the business are visible in the reported numbers. Q3 [...]
In Asia, China and Thailand have the lowest correlation to the US market Q3 hedge fund letters, conference, scoops etcRanked by past 5 years correlation Lowest correlation with US: China, Thailand, and the Philippines Highest correlation with US: Taiwan, Singapore, and Hong KongTwo major crises in the new millenniumImpact on the S&P [...]
The Dividend Aristocrats are a group of stocks in the S&P 500 Index, with 25+ years of consecutive dividend increases. Q3 hedge fund letters, conference, scoops etc ValueWalk readers can click here to instantly access an exclusive $100 discount on Sure Dividend’s premium online course Invest Like The Best, which contains [...]
“Davidson” submits: The contrast between market psychology and the current economic trend is what produces investment opportunity. Kansas City Southern(KSU) report this morning is one of many which define the current pace of economic activity. In particular, KSU’s business activity represents the US Heartland manufacturing and global export through Gulf [...]
With the sad death of John (Jack) Bogle last week we thought it would be a great time to remember Warren Buffett’s public adulation of Bogle at the 2017 Berkshire Hathaway Shareholder Meeting in which Buffett said: Q3 hedge fund letters, conference, scoops etcThere’s one more person I would like [...]
I recently stumbled across an old discounted cash flow (DCF) model from mid-2006 that I built for Harley-Davidson (HOG, formerly HDI) as I was weighing whether to invest. I thought it would be fun to assess my process from the vantage point of 2019. Q3 hedge fund letters, conference, scoops etc In [...]
After two years of exceptional performance, Mohnish Pabrai's flagship investment vehicle ended 2018 deeply in the red. His flagship Pabrai Investment Fund II (PIF2) finished the calendar year down 35.3%. This follows a gain of 64.9% and 23.9% for the fiscal years ending 6 June 2017 and 6 June [...]
Electron Capital Partners' Electron Global Fund, outperformed its broader hedge fund peer group in 2018. The fund, which invests in global utilities and infrastructure companies, recorded a positive performance of 0.1% for 2018 compared to a loss of -4.1% for the HFRI Fund Weighted Index and a loss of [...]
(N.B. Due to Martin Luther King Jr. Day, the next issue of this report will be published on January 28.) In Part I of this report, we discussed the issues surrounding predicting inflection points, which are defined as reversals of long-term trends. In this week’s issue, we will examine two [...]
“Davidson” submits: Q3 hedge fund letters, conference, scoops etc The 5yr mov avg of US Inventories vs. market pricing behavior is one of the relationships I track for my investors. Crude pricing correlates closely to capital spendng in your industry even if economic activity is steady elsewhere. The street is focused on [...]
Unless you are a die-hard buy-and-hold investor, chances are that you need to rebalance your portfolio at some point. Q3 hedge fund letters, conference, scoops etc The question is when? And how often? And why at a specific time? Some strategies rebalance once a year, some multiple times a day. What if [...]
Does Herding Behavior Reveal Skill? An Analysis of Mutual Fund Performance Q3 hedge fund letters, conference, scoops etcHao Jiang and Michela Verardo The Journal of Finance, Fall 2018 A version of this paper can be found here Want to read our summaries of academic finance papers? Check out our Academic Research Insight category.What are the Research [...]
We’ve just been re-reading one of our favorite speeches from legendary investor Stanley Druckenmiller at the Lost Tree Club some years ago. During the speech ‘The Druck’ provides some great insights into the mindset necessary to become a successful investor, saying: Q3 hedge fund letters, conference, scoops etcThe third thing [...]
Last week, Grant’s Interest Rate Observer published a thoughtful piece of journalism that suggested a $20 price target on Ligand Pharmaceuticals. For copyright purposes we cannot republish, but even Ligand management cannot question the credibility and neutrality of Grant’s. The article came out as Citron has spent months working on [...]
The Dividend Aristocrats are among the highest-quality dividend growth stocks. Investors looking for dividend growth would be wise to review the list, which is made up of 53 stocks in the S&P 500 Index, with at least 25+ consecutive years of dividend increases. Q3 hedge fund letters, conference, scoops etc ValueWalk [...]
One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of [...]
