“The bumpy road will end up where it started.” That statement, the heading in Goldman Sachs Second Half Strategies, research report neatly sums up the bank’s playbook for the second half.
By the end of 2016, Goldman’s portfolio strategy analysts believe that the S&P 500 will sit at around 2100. However, it’s going to be a rocky ride before the index reaches this level.
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Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk
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Friends and Fellow Investors:
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Every afternoon ValueWalk provides an update on global market levels, economic news, and hedge fund news.
Market Levels
US: Dow: 13243.33 (0.01%), S&P 500: 1417.15 (0.07%), NASDAQ: 3132.36 (0.32%)
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Conditioning The Information In Portfolio Optimization
Carlo Sala
Swiss Finance Institute at the University of Lugano
Giovanni Barone Adesi
Swiss Finance Institute at the University of Lugano
October 16, 2015
Abstract:
This paper... Read More