The quality investment factor is shinning in the past few years. These are companies that are good corporate stewards of their balance sheets, throw off lots of free cash low, have much more stable earnings than most, and do not use excessive leverage (as much
The great thing about ETFs and index tracking is that you own the entire index and that you benefit from survivorship bias. The good companies stay in the index, the improving companies get added to the index, and the weak ones drop off. The bad
With gold making all-time highs, I thought I would update some of my thinking for followers. Asset (commodity) prices move based on the fundamentals of supply and demand distorted by periods of the manic speculation of fear and greed. The rationale for the investment (buy,
There are hundreds of investment factors and characteristics that help drive returns. For me, I’m a (relative) value or growth (at a reasonable price) investor. I want to tilt my portfolio to the factors that I think will perform better looking forward over the coming
It’s not real. The market has no true price discovery. We really don’t know what things are worth if the central banks were not printing money. Federal Reserve Chairman Powell told us this week the FOMC expects to keep rates near zero for a few
It is said that bond investors understand the path of the economy far better than stock investors. And at times, like this, it all can be somewhat irrational. The current economic backdrop is a strong case in point—talk about confusing. Stock investors often get caught
It is almost like it never happened—incomprehensible! How can the market just look past the biggest economic shock in history like it never happened? Is the central bank printing press that powerful? Is it “bullish” that the central bank needs to monetize debt going forward
Click here to watch the Friday, April 17, 2020 episode of Berman’s Call on BNN Bloomberg The global cost of recovery from COVID-19 will likely be in the tens of trillions when the dust settles. There is no limit to the amount of support we
Please, make sure you do your part in the global pandemic. Not to participate would be selfish. Sacrifice is needed by all to preserve as much life as possible. Take care of yourself and your loved ones. The 2008 post Lehman playbook is still in
First, make sure you do your part in the effort to moderate the global pandemic. Not to participate would be selfish. Sacrifice is needed by all to preserve as much life as possible. Take care of yourself and your loved ones. Although today is almost