US Large Growth vs Small Cap Value, 1980-2018, by Russell Indexes

How to Beat the Market, Factor 3: Buy Small Cap Value, Not the Big “Glamour” Stocks

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For the third factor in this series, I wanted to highlight two of the most “classical” factors for classifying and selecting stocks: size (large vs small) and cheapness (growth vs value).  These factors were perhaps most famously identified by academics Eugene Fama and Kenneth French, and popularised in the 3×3 grid used by Morningstar to […]

Warren Buffett: Just looking at prices is gambling, not investing

Warren Buffett: Just looking at prices is gambling, not investing

Posted Leave a commentPosted in Investing, Web finds

Both the rise in cryptocurrencies and the volatility of stock and bond prices last month have led to many questions about whether value stocks are still a good place to invest.  Growth stocks have risen in price far faster than value stocks over the past several years, and especially last year, which was marked by […]

Be greedy when others are fearful - Facebook memory of my opportunity to buy Citigroup cheap at $1.16

Be greedy when others are fearful: Facebook reminder of the chance to buy Citigroup at $1.16

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Facebook memories rarely remind me as dramatically as this one what opportunities to multiply money can look like.  This was a clear example of “be greedy when others are fearful” that I admit I myself (regrettably) did not take advantage of.  At that time, Citigroup was priced for a very high likelihood it might go […]

Performance of Quality, Value, Momentum, and Low Volatility Strategies vs the S&P 500

Posted Leave a commentPosted in Investing, Uncategorized

I have been working with “smart beta” strategies since 2006 (before they were even called “smart beta”), and continue to believe that investing through these rules-based factors provides better risk-adjusted returns than index funds at far lower cost than actively managed mutual funds.  In GFM-managed client accounts, we continue to apply the well-researched factors, of […]

Top Brands by Country – Map of the World's Most Valuable Brands by HowMuch.com

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My latest article on SeekingAlpha lists out the ticker symbols of the HowMuch.net 2017 list of the World’s most valuable brands. In it, I pull out four main themes from these top brands which can be attractive basket trades: Theme #1: BRICs banks Overall, three of the top brands on the above list with relatively […]