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Value investing

The S&P has 500 stocks, but really it's got 7, says Rayliant's CIO
12 arguments: why he says chip restrictions handed China the necessity to invent, where the money from AI actually lands, and the market he no longer…
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"We certainly have exuberance. The question is whether it's irrational": Howard Marks
8 arguments: Why he will not call AI a bubble, what he wants a government task force to study, and the one thing he says Oaktree has not handed to a…
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RV Capital founder on 2022: "I wasn't shocked that the fund went down 50%"
19 lessons: Why a third of the portfolio sits in Chinese stocks, what a 47.6% drawdown and a stomach tumor in the same year taught him, and the one…
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Apollo's chief economist: the global savings glut has become a savings shortage
10 takeaways: Why he says AI will not take jobs while business creation is at a record, the 4 hikes the market now prices, and the reason value beats…
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Shadowridge CIO: the 8 months from the midterms to June have never been negative
12 predictions: Why he expects the market to shrug off a rate rise this week, the oil price that caps the rally, and the 40-year cycle he says makes…
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London Business School professor: the 100 Best Companies list still beats peers
13 insights: The 582% move from putting AI in a sneaker brand's name, why published strategies keep two-thirds of their alpha, and the three edges he…
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Alex Morris: Buffett's one condition for the book was don't say I was involved
16 lessons: What he missed for two years that broke his Comcast thesis, the Dollar Tree setup he bought at about 10 times EBIT, and what he thinks Greg…
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Samantha McLemore: Adobe has a 12% free cash flow yield on 2027 numbers
5 calls: Why she says a 10-year at 5% is not yet an investor problem, what carried her fund this year, and the Brad Jacobs company she now calls a…
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Molly Pieroni: Samsung is one of her largest positions at 2–3x cash flow
4 principles: what a 20-year financial history is for, why Microsoft was a value stock in 2003, and the discount she says still plagues the Korean names
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Zeke Ashton: SpaceX's own IPO filing values its market near the whole US economy
10 lessons: why every AI bull he knows is privately hedging, the Venetian bond trick that stole 66 cents of every dollar, and the gross-exposure line he…
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Andrei Bruno: markets now price over 100% odds of a Fed hike by year-end
11 takeaways: why he calls value the trade to hide from AI risk, why he says credit investors are buying in at the top, and Canada's record $122B ETF…
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Paul Johnson: "value investing" is redundant, and what died after Graham was capital preservation | Talking Billions
Why he says the real divide is fundamental investing against quant, the letter Markowitz wrote back to him about how modern portfolio theory began, and…
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