Set of Characteristics to Identify Which Companies will Succeed

When Jeff Bezos founded an online bookstore in 1994, no one could have guessed that in less than 15 years, Amazon would fundamentally reshape the U.S. retail landscape. No one, that is, except Bezos himself: As Brad Stone’s book about Amazon, “The Everything Store,” makes clear, Bezos’s goal from the start was to change the … More Set of Characteristics to Identify Which Companies will Succeed

A Quantitative Approach to Tactical Asset Allocation

Much has happened in the world since the original publication of this white paper in 2006. However, change has always been the constant, and indeed has anything new really been seen in our world of investing? Bubbles, defaults, government interventions, bear markets, downgrades, quantitative easing, fortunes made and lost – they’ve all happened before. (For … More A Quantitative Approach to Tactical Asset Allocation

40% of all stocks have suffered a permanent 70 percent plus decline from their peak value

After a rough start to the new year, a lot of investors might be tempted to buy into “fallen angel” companies at or near all-time lows. They’re not hard to find. In the tech sector, GoPro (NASDAQ:GPRO) and Fitbit (NYSE:FIT), two profitable and recently public companies, have taken major hits. GoPro is down 90 percent … More 40% of all stocks have suffered a permanent 70 percent plus decline from their peak value