The Great Inflation & Equity Duration
Why the Kailash Equity Duration Tool is a Must Have for Managers This paper extends on our last piece, The Great Inflation. Our research indicates investors and asset allocators face ...
A Well-Engineered SPAC
Another Reason to Pursue High Quality Value Investing My father, a youthful 77-year-old, recently flattered me with some investment advice. Having recently received an email solicitation encouraging him to ...
Difference Between Growth and Value Stocks Looks Like an Opportunity
For a basic explanation of value v growth stocks skip below the chart The chart below shows the 3-year performance spreads between Growth and Value have reached levels last seen at the peak of the dot.com bubble Kailash has ...
The Great Inflation of the 1970s
This newsletter seeks to prove that our prior paper, The Case for Common Sense...
Amazon Stock Compensation & Equity Valuation
Bloomberg News recently published an article, Amazon Fights Union Drive With Fact-Free Bombast, discussing Amazon’s alleged use of misinformation to prevent employees from ...
Differences Between Growth & Value Investing
The Duration Crisis: The light blue line shows the correlation between value stocks and the US Long Bond The navy blue line shows the correlation between growth stocks and the US Long Bond Until recently, both VALUE & GROWTH ...
Innovation vs. Value
Bitcoin, Bubbles & BS In our prior Quick Take, your author threw his 11-year-old daughter to the proverbial wolves in the interests of defending the common-sense investment principles Kailash ...
Best Credit Card Stocks Today: Cheap Stocks with Low Expectations?
Top Credit Card Stocks: A Cheap Way to Capitalize on High Expectations, Part I Today’s Chart for The Curious shows the PE ratio of the S&P 500 minus the forward PE ratio of the major credit card stocks Since ...
The High Price of Predicting Progress
Your author’s 11 year-old, like many her age, has become not just a purveyor of various games on Roblox but has also written code for two games. She and her ...
Trading Strategies to Preserve & Grow Wealth
Drawdowns: “If you buy things you don’t need, you will soon sell things you need.” -Buffett Our first newsletter of 2021 suggested it might be a great time to rotate out of speculative stocks in IT and into Staples ...
Is Warren Buffett’s Berkshire Hathaway Energy an Example of ESG Excellence?
These are days of high-hopes and higher stock prices. As documented in two of our recent Charts For The Curious (“CFTC”), history suggests a very dim view on the ...
Sun Microsystems, The Greatest Quote & The Rise of the Reckless
Sun Microsystems Inc: A Lifetime Lesson in Valuation Market cap of firms trading > 10x price to sales is now +$10 trillion Investors who paid 10x P/S to buy Sun Micro lost 95% of their money Summary: Paying 10x ...
