This week, we speak with Rob Arnott, founder and chairman of Research Affiliates. The firm created & patented a methodology for basing indexes on fundamental metrics instead of market cap weighting, and its strategies runs $157 billion in assets. Arnott plays an active role in the firm’s research, portfolio management,...
The Maserati 3500 GT was first shown at the 1957 Geneva Salon. It was offered only as a “rolling chassis” designed by chief engineer Giulio Alfieri; various exotic coach builders came up with different body designs. It was a seminal vehicle for Maserati — the company’s first successful...
Succinct Summations for the week ending April 16th, 2021 Positives: 1. 200 million vaccinations or ~40% of Americans have been given in the U.S. as global total shots approach one billion.2. Retail sales rose 9.8% m/o/m, above expectations.3. CPI rose 0.6% m/o/m, above the previous increase.4. Jobless claims fell 193k...
    A massive shift is occurring in the labor market today, one that has been misinterpreted by economists of all stripes: On the right, there is the false meme that lazy workers are staying home because the (3) massive CARES Act. Unemployment bennies are so generous, its leisure +...
My end of week morning train WFH reads: • Coinbase’s Public Listing Is a Cryptocurrency Coming-Out Party With acceptance from traditional investors, a profitable start-up that eases transactions is offering proof of the industry’s staying power. (New York Times) see also These Crypto Bros Want to Be the Guggenheims of...
My morning train WFH reads: • How Hedge Funds Lost Their Way and Why They’ll Come Back HFRI Equity Hedge Total Index returned 14% a year from inception in 1990 through the financial crisis in 2008, doubling the total return of the S&P 500 Index. Since 2009, however, the...
Silicon Valley is about to commercialize revolutionary technology that will enable huge breakthroughs in the battle against global warming. The future of batteries, sought for decades by academics, startups, and corporate R&D armies is—quite possibly—just a slender sheet of ceramic material that’s supple enough to bend between two fingers....
My mid-week morning train WFH reads: • How People Get Rich Now In 1982 the most common source of wealth was inheritance. Of the 100 richest people, 60 inherited from an ancestor. By 2020 the number of heirs had been cut in half, accounting for only 27 of the...
      In 2019, Ritholtz Wealth Management was one of five beta testers of O’Shaughnessy Asset Management new direct indexing software, Canvas. As Chair of RWM’s Investment Committee, I wanted to share my experiences – about direct indexing generally, Canvas specifically, and what future opportunities this form of asset management...
Prices Change of Selected Items in the U.S. from 1980 from r/dataisbeautiful       Looking forward to today’s clubhouse discussion on Inflation! You can join in here     The post Inflation! Clubhouse Discussion appeared first on The Big Picture. (Source)