Hugh Hendry's Eclectica Asset Management cheat sheet for the year 2016. Eclectica Asset Management remains cautiously constructive: Our 2016 cheat sheet Equities represent just over half of our risk allocation. We... read more

The US public pension fund unfunded liability crisis impacts millions of current and future retirees from public service. This paper identifies 4 major issues and recommends an innovative solution... read more

When analyzing a company’s financial performance there are three things that need to be disentangled: (1) the difference between book and market values, (2) the difference between tangible capital... read more

"Speculative Influence Network" During Financial Bubbles: Application To Chinese Stock Markets L. Lin School of Business, East China University of Technology and Science, 200237 Shanghai, China Research Institute of Financial Engineering, East... read more

Jamie Dimon's annual letter to JPMorgan shareholders for the year ended December 31, 2015. Dear Fellow Shareholders, Last year — in fact, the last decade — was an extraordinary time for... read more

WALTER & EDWIN SCHLOSS ASSOCIATES, LP'S WALTER & EDWIN SCHLOSS - PART I Found via ValueInvestingWorld From the Outstanding Investor Digest March 6, 1989 edition Walter Schloss attended Ben Graham's finance course before... read more

I’ve been getting lots of questions about whether Treasury inflation-protected securities (TIPS) are a good investment, with the yield at just 0.32% on the five-year. To answer the question... read more

The market for fixed-indexed annuities (FIAs) – previously known as equity-indexed annuities – is growing rapidly, with sales of more than $60 billion annually. We did a careful analysis... read more

Found via Harvest The Third Avenue International Value Fund is invested in shares of Antofagasta Plc (“ANTO”), a London-listed “blue chip” copper mining company which sells at a significant discount,... read more

Today the Security and Exchange commission has officially filed charges against digital financial media company TheStreet, Inc. (NASDAQ:TST) (owner of TheStreet.com). Three specific executives within the company have also had... read more