Ad-Blocking A Moat by Cook & Bynum The move to mobile and the increasing use of ad-blocking software pose risks to the moats of digital franchises, including Google’s AdSense advertising... Read More

Gold Sector: Blow Off In Progress But 'Launch Phase' Confirmed by Gary, Notes From The Rabbit Hole On March 4 we reviewed the technical reasons why the gold sector was... Read More

SocGen is out with a lengthy report titled Global Economic Outlook: Looking under the hood of recovery. In the report there is an interesting tidbit on black swan risks.... Read More

Real interest rates, both long and short duration, have been on a steady decline since the 1980s. Some analysts believe that thanks to the world's debt binge, and highly... Read More

Investments in Venezuela come with plenty of political risk, but that risk may already be priced in, making it a better deal than countries where risk is growing but... Read More

March brought many funds back down to Earth with solid returns that didn't have the shine of January and February's returns. Millennium International was down 0.04% for March, putting... Read More

In a recent blog post, Bill Gross suspects the entire right half of his brain is missing. No, he’s not talking about a counter-trend trade in the U.S. dollar... Read More

Value Strategies: Contrarian Investment, Extrapolation, And Risk Josef Lakonishok, Andrei Shleifer, and Robert W. Vishny* December 1994 Abstract For many years, scholars and investment professionals have argued that value strategies outperform the market.... Read More

A interview with Peter Lynch on the Television program Wall Street Week. In the interview Peter discusses how the public have advantages over the institutions and how to they... Read More

This is the sixth of a 10-part blog series where I will go through each of the charts from the 10 Charts to Watch in 2019. The purpose is... Read More