After a 35% collapse from its mid-February high, the stock market suddenly changed direction and rose more than 20%. US indices are still about 19% below their peak, but why stocks are rising when people…
Just two weeks ago the Fed declared that interest rates will not change in 2020, but yesterday he surprised everyone and cut rates by 0.5%. He said that the fundamentals of the US economy remained…
In this review, I’ll present the highlights of what I said at the annual meeting of the service that held last week in Tel Aviv. * * * Five years ago, when you bought a…
Everyone knows the story of the monkey (which represents the passive investor) who beat the active investment manager, a story that has been repeated many times throughout history. But, it’s well known that most investment…
2019 finalized the second decade of the 21st century. A decade that opened after the acute crisis of 2008 and the prolonged recession that followed. The flow of trillions of dollars by central banks around…
One of my favorite quantitative investment strategies is Professor Joseph Piotroski’s scoring method, which proved to beat the market for decades. Now you can view Piotroski stocks worldwide in our Piotroski F-Score Screener. The advantage…
After the merger attempt between Fiat Chrysler and Renault failed, Fiat announced yesterday that it is in talks with PSA Group (PEUP.PA), manufacturer of Peugeot vehicles, regarding a possible merger between the two. Such a…
As promised, we’re launching a comprehensive Passive Strategies section for our premium members real soon (check the “Strategies” in the upper menu). Passive, or automatic, strategies are based on buying a basket of 20-30 attractive…
Once again we are experiencing a period of market declines. Not easy, especially when you know that your portfolio is composed of shares of high-quality companies that trade deeply below their fair price, both absolute…
Monish Pabrai, one of my favorites value investors (that I also mentioned in the Fiat-Chrysler review), once said that “You do not make money when you buy stocks. And you don’t make money when you…