We have to balance the knowledge of what worked in the past with the uncertainty of what’s going to work tomorrow.
How Sectors are Driving Value and Growth
Animal Spirits: Is the Stock Market Wrong?
On today’s show we discuss:
-What a potential vaccine means for stock market
-Why we could see a stock market bubble after this
-Retail bankruptcies
-Pizza arbitrage, and much more
The Beginning of the End?
The market doesn’t always get things right, but it’s nice to have at least a glimmer of hope.
These Are the Goods
-How COVID-19 is killing restaurants
-The bull case for stocks
-The good and bad news for value
-Why indicators have a finite life, and much more
Young Bulls and Old Bears
The world has always been populated by young bulls and old bears.
Animal Spirits: Too Dumb, Too Young, and Too Inexperienced
On today’s show we discuss inequality among corporations, differences in the unemployed by education, the best new restaurant in the country just went out of business, why housing prices are rising during the crisis, millennials fleeing big cities, you are not Stanley Druckenmiller and much more.
How Value Investing Works
The Value factor generates its returns almost entirely through multiple expansion
Animal Spirits: Fallen Angels
On today’s show we discuss:
-The Fed buying junk bonds
-Why the S&P 500 is not a momentum fund
-Ben’s a Peloton influencer
-How a $70,000 position turned into a $9 million loss, and much more
The Price Is Wrong
How hard is it to value a burrito company?
The Case Against Value Investing
Perhaps the days of investors throwing the baby out with the bath water are gone forever
