Deciding whether markets are over or under-valued involves a lot of arcana: forward vs trailing PE, CAPE, Tobin’s Q, investor sentiment, and a host of proprietary models might all give you different answers. In BMO’s quarterly letter, Jeremy Grantham explains two other investment rules that he hasn’t used since the late 70s, and why they should keep the markets going until the next presidential election.
Third Point's assets under management (AUM) have hit a record of $10 billion, according to a shareholder letter. The value oriented hedge fund, which is run by Dan Loeb,... read more
The New York Federal Reserve, which oversees the largest US banks, is asking the question “Do 'too big to fail banks' take on more risk if they are likely... read more
Analysts at Nomura advise Overweight positions in the Industrials and Technology sectors, as they are exposed to an anticipayed pick-up in corporate capital expenditures.
Michael Kurtz and team at Nomura... read more
Mohnish Pabrai's Pabrai Investment Funds ended 2019 on a high note according to the value investor's year-end investor update, a copy of which has been reviewed by ValueWalk.
According to... read more
As Barclays PLC (NYSE:BCS) (LON:BARC) agrees to settle record fines for rigging markets, and the firm’s litigation provisions increased 142% in 2013, it nonetheless found the courage to provide its... read more
Every afternoon ValueWalk provides an update on global market levels, economic news, and hedge fund news.
Market Levels
* US: Dow: 13092.69 (0.36%), S&P 500: 1397.64 (0.35%), NASDAQ: 3067.88 (0.15%)
* Europe:... read more
More Guessing At Barnes & Noble by footnoted
A few weeks ago, we poked at Barnes & Noble for essentially waiting a year to disclose what it had agreed to... read more
The money multiplier and velocity of money are two metrics that used to be highly informative measures for economists to monitor a country’s level of economic growth.
Goldman Sachs' Favorite... read more
The ongoing debate about Chinese growth, both how much of it is real and whether the government can reign it in gradually and avoid a crash, is about to... read more
Fund Activist Activity continues its 2016 momentum
2016 was a busy year for activists according to the Harvard Law School Forum shareholder study posted by Josh Black, Editor-in-Chief, Activist Insight.... read more
