The Collision of Arithmetic & Over-Optimism – Why Today’s Larger Cap Growth is More Precarious than the Nifty Fifty
Introduction: This paper seeks to discredit the “quality & growth at any price” thesis underpinning many of the market’s leading growth firms. Kailash intends to review and provide evidence ...
IPO Stocks are the New Staples – History & Current Data Suggest that is as Silly as it Sounds
Introduction: Price Action Does Not Always Reflect Value Financial Pornography: 1999 & Today Conclusions & Exhibits Introduction: Price Action Does Not Always Reflect Value A recent Barron’s article cited ...
Growth Stock Mania and the Risk of Timing Markets
The Hazards of being In the Grip of a Growth Mania The Resurrection of Value Post a Period of Manic Growth Conclusion & Exhibit The Hazards of being In ...
This Time is Different – The Death of Valuation
Introduction: An Old Story The Rich (expensive growth) Get Richer…and Poorer Conclusions & Exhibit Introduction: An Old Story A recent article from Bloomberg counted a leading quant from one ...
How to Build a Growth Stock 1999 & Today
Introduction: A Quick & Imperfect Review of Akamai Kailash’s view on Carvana: How to Make Money by Losing Money Conclusions & Exhibit Introduction: A Quick & Imperfect Review of ...
A Preference for Getting PAID: Durable Dividends & the Market’s Dichotomy
Introduction: The Dividend Disparity Crash Cushions Fundamentals Conclusions & Exhibit Introduction: The Dividend Disparity These are heady days for the beneficiaries of central bank infusions, government stimulus, and the ...
60/40 Portfolio: Buying a Ticket on the Titanic
Asset Allocation: Expensive Equities & Risky Bonds An Imperfect Solution in a Land of Low to Negative Yields Conclusion: The Benefits of Balance Asset Allocation: Expensive Equities & Risky ...
Value Investing and Manias Part II – Navigating a World with Financially Defective Narratives
Introduction: Financially Defective Narratives The Value Giant: Not Dead, Just Sleeping Why Spreads Will Reverse: The Resurrection of Value Investing Introduction: Financially Defective Narratives In our last piece, Value ...
Value Investing & Manias – A Brief Defense of History
Introduction: Buying Low & Selling High How Cheap is Value vs. Growth Today? December 2016 – Today: The Anti-Gravity Anomaly Conclusion Introduction: Buying Low & Selling High Buying low ...
Durable Dividends – Searching for Safety & Income During Uncertain Times
Introduction: The Decline in Dividends A Simple Solution to a Complex Problem A Financial Fort Knox Conclusion Exhibits Introduction: The Decline in Dividends As economies stumble in a manner ...
The Biggest Losers at the Peak – Economic Delusions During a Pandemic
Introduction: Profitless at the Peak Large Cap Small & Mid Cap Conclusion Exhibits Introduction: Profitless at the Peak The bull market of the last 10 years has moved relentlessly ...
Crashes: When Losers Can Become Leaders Update – Sub-Sector Analysis
Introduction: An Inadequate Note of Thanks Valuation Update: A Dubious Dance with the Unknown Crashes and Recoveries Sorted by Performance into Crash, Best to Worst Introduction: An Inadequate Note ...
