Junk Stocks Funded by Junk Bonds
An Honest Take on Difficult Circumstances When bond yields first went negative, I called a long-time confidante. I whispered into the phone, “Someone is paying someone to borrow their ...
How to Get Started Day Trading: Don’t
Revisiting the Liquidity Liability There are now $2.5 trillion worth of companies whose shares are trading so furiously that the entire share base of the firm is changing hands ...
Finding the Safest Investments with the Highest Returns
A Faustian Bargain worth Revisiting In this paper we update our work The Siren Song of Growth: Why Investors Willfully Set Sail for the Rocks and make the following points: ...
High Risk Stocks & the Role of Active Managers
The Riskiest Stocks Right Now? The chart below shows that money-losing firms recently generated a 120% return When people double their money buying risky stocks, it is just another ...
Small Market Cap Stocks Offer Big Value
Get our insights direct to your inbox: SUBSCRIBE The Case for Small Cap Value Stocks: The chart below shows that Small Cap Value is as cheap vs. Large Cap ...
What Does Volume Mean in Stocks?
The Low Value in High Volume Last week’s Quick Take highlighted that retail investors were being sucked into speculative trading. This piece substantiates the following: High turnover stocks have only ...
Speculative Trading: How to Avoid Big Losses
The Importance of Prudence in a Time of Rampant Speculative Trading We believe the $4.5 trillion market cap of stocks trading over 20x sales likely understates the market cap ...
Value vs. Volume Stocks: Warren Buffet and Robinhood
At times, the world can feel sort of bipolar to some of KCR’s research team. Financial markets have become a place rife with anger. Issues around fairness, soaring options ...
How Much Debt Does the US Have – US Debt by Year
Where are the Debt Collectors & US Inflation Rates The chart below shows the total US debt outstanding by year We are not macroeconomists, but we believe $29 trillion ...
Bull Markets and their Consequences
As an economist, Harvard faculty member, and ...
Stock Yields, Bond Yields & Safety Investing
Advocating for Steady Growth and High Dividend Investments: The navy blue line below shows the yield on investment-grade bonds with ~5 year average maturities The light blue line shows ...
Inflation Assets Presentation Video, Slides & Transcript
Introduction Slide: Inflation Assets, Investing & Managing Equity Duration Note: Video Presentation is at the top of the transcript By way of preview I’m going to try and compress ...