There is one value factor that currently looks inexpensive but actually has performed well over time even when it is expensive. That factor, free cash flow, often used for... Read More

Macro strategies have underperformed since 2008, but Ian Plenderleith, chairman of BH Macro Ltd argues that while other hedge funds are just investing to have something to do Brevan... Read More

  Zeke Ashton of Centaur on how value investors should think about Position Sizing and Portfolio Management. Zeke Ashton also runs the Tilson Dividend Fund, which has a phenomenal track... Read More

The market trended upward this morning with the S&P 500 (INDEXSP:.INX) trading just shy of 1% above it's opening price on the market this morning. Stocks in the medical,legal and... Read More

Someone said, “Money doesn’t disappear, it only changes hands.” By that token, the financial meltdown of 2008 resulted in a liquidity seizure, not a crisis of solvency. In their October... Read More

Stanley Capital, the $190 million long/short equity hedge fund, reported a loss of -13.9% in December following a small gain in November and another double-digit decline in October. This... Read More

When an investment system uses the term “Buckets of Money” to describe its tactical portfolio diversification strategy, it is likely to draw heat from regulators. But after cracking down... Read More

Writing my post titled “2016 Was Not a Particularly Volatile Year” on realized risk/variability turned out to be even more fun than usual as I got a lot of... Read More

Concerns about the risks so-called risk parity strategies pose to the global financial system are growing. A day after my previous article on the risks, risk parity strategies could pose,... Read More

Andrew J. Hall, the head of commodity hedge fund Astenbeck Capital, and sometimes referred to as the "Oil God" is still holding onto his view that the price of oil... Read More