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 ...
Some of the Best Hedges Against Inflation?
We believe that Staples stocks’ ability to raise prices is a feature that may be highly valuable in the current environment. We don’t make macro forecasts but have written ...
Initial Public Offerings
“Investors even remotely tempted to buy new issues must ask themselves how they could possibly fare well when a savvy issuer and greedy underwriter are on the opposite side ...
Margin of Safety a Book by Seth Klarman
A Legendary Book with Timeless & Timely Lessons Introduction to an Investing Classic: “The truth is, I am pained by the disastrous investment results experienced by great numbers of ...