Tweedy Browne is one of the most respected value managers in the world, with a legacy that includes having Benjamin Graham and Warren Buffett as clients. In this interview, members of its investment committee explain why value investing is on the cusp of a resurgence.
Let me be very clear. I believe the Federal Reserve has already made a significant policy error that can lead directly to recession. An accompanying fiscal policy error by the US Congress could compound the Fed’s error, although that remains to be seen, as it is not clear what will pass Congress.
JPMorgan Chase & Co. is planning to more than double the advisers in its traditional broker business as the Wall Street giant plots an expansion in wealth management amid intensifying competition for rich clients.
What exactly is “transitory?”
The worst is behind us, and over the next two years the global economy will continue to experience a strong economic recovery.
What can we take from the pandemic and adopt strategically to create the optimal client experience?
Delta has the potential to alter the path of recovery; central banks are rising to face heavy challenges; and U.S. states have survived a major stress event.
In 2010, 68% of the companies in Fortune Magazine’s Global 500 were domiciled in Group of Seven (G7) countries, compared with 17% in the E20* emerging-market (EM) countries.
Revolut Ltd. raised $800 million from investors including SoftBank Group Corp.’s Vision Fund 2 and Tiger Global Management at a $33 billion valuation, the latest sign of investor demand for fintechs.
The Value vs. Growth reversal, which started in earnest in the late Fall of 2020, generated exciting returns for many of our portfolios through May.
My concern is that 90% of our clients who are very happy with our relationship are not referring. We want to implement an initiative to grab the attention of these clients and help them help us grow.
This is the story of how Chicago evolved from a wilderness outpost of 350 residents in 1833 to the global capital of derivatives trading.
The financial stress from starting a new advisory firm is no joke, and it sets up outcomes that are potentially disastrous for everyone involved. Here are six ideas for how to start an RIA firm today without living in poverty and having to eat cat food.
A deal to restructure $240 million of municipal bonds sold for underutilized parking garages at Yankee Stadium is on hold because of a spat over parking spaces.
Our Chief Market Strategist Stephen Dover explores blockchain and digital assets through an equity-investor lens with Anthony Hardy and Christophe Vande Walle.
One of the world’s most exclusive clubs just got a new member, with a second aspirant knocking on the door.
The reflation trade that hammered bonds, drove stock gauges to repeated records and re-energized long dormant value shares this year is in rapid retreat.
“Warnings From Behind The Curtain” almost sounds like the title of a good “Cold War” fiction novel.
This article is about an exception to a rule – an exception that, I believe, has ceased to be. And so the rule has become stronger, and there is a little less joy in the investing world.
You only need to look as far as the business headlines to see what happens when fund administrators and their management teams make a mistake.
Rising inequality is but one symptom that the U.S. has swung to a society that is characterized by a disproportionate focus on individuals over the collective good. A national priority, similar to the Apollo moon project of the 1960s, is needed to reverse that trend, and there is an obvious candidate.
Baseball fans returning to ballparks has been a definitive symbol of the optimism emanating from the reopening of the US economy. While the enthusiasm from consumers and investors alike is warranted, Jeff uses his version of the old-western movie title ‘The Good, The Bad, and The Ugly’ to describe Oak’s current view of the investment landscape.
Raymond James Chief Investment Officer Larry Adam examines the current investing environment through the lens of classic games.
Here are several ways you can make yourself a household name in your area, and they don’t involve throwing thousands of dollars at an advertising budget.
Constructing sustainable and risk-adjusted portfolios in a global context
Brexit and the pandemic didn’t change the fundamental attractiveness of great U.K. companies.
Two Congressional chairs have authorized a review of target-date funds (TDFs). The last such review was in 2009, and all that changed was that risk increased. It would be a shame if this initiative failed to produce results.
To understand the process by which physical coins became accepted tender in the 19th century, one should start with the wisdom of Yogi Berra and Niels Bohr.
Bitcoin erased its 2021 gains this week as China ramped up its crackdown on mining of the cryptocurrency, a move that’s expected to help shift the industry’s center of gravity from Asia to North America.
This year’s SIC closing day was a blockbuster. In this letter, I’ll wrap up my conference reviews by wrapping that day for you.
Sir John Templeton famously said that “this time is different” are the four most dangerous words for investors.
Taking the highest upfront check or calculating out your apparent newfound riches from a suspiciously high payout will undoubtedly be mentally rewarding in the short term. Over the long term, you are assured to be disappointed, though.
Domestic business travel is well on its way to recovery. Forty percent of poll respondents said that business travel within the country where their firm is based has already resumed, while a third said that their company has either decided on a start date or is working toward a date.
U.S. and global equity markets are up 92% and 81%, respectively, from their March 23, 2020, lows through May 31, 2021.
More and more, investors are wondering whether the Federal Reserve will tweak its monetary policy toolkit to help out money markets that are starting to drown in a sea of cash.
Commodities prices have been moving higher this spring amid rising demand and rising inflation expectations globally as economies emerge from the pandemic.
The investment opportunities are constantly changing as economic reopenings roll on.
The travails of the “rich” have always been something of a spectator sport.
MicroStrategy Inc. is borrowing $400 million to buy more Bitcoin while also writing down the value of its existing holdings. It’s the first-ever junk bond sale used for financing purchases of the volatile cryptocurrency.
We keep hearing people make comparisons between this recovery and those of the past as if it's apples-to-apples.
A cyberattack on JBS SA, the largest meat producer globally, forced the shutdown of all its U.S. beef plants, wiping out output from facilities that supply almost a quarter of American supplies.
President Joe Biden’s push for the first major federal tax increase since 1993 now rests on the shoulders of Richard Neal.
The days of bargain basement airfares are ending as the U.S. vaccine supply unleashes a wave of pent-up travel demand.
My recent reads have been stuck in the 1960’s, including Adam Smith’s The Money Game and Andrew Knowton’s Shaking the Money Tree.
In late 2020, China launched an anti-trust campaign focused mainly on big technology firms, aiming to crack down on what the government views as monopolistic practices.
How much clearer would things look from the outside if advisors were willing to tell the whole truth instead of virtue signaling?
Senior Macro Strategies Research Analyst Craig Burelle shares a visual snapshot of our GDP growth expectations around the globe.
As we entered 2021, we put the pivot point of the economy and market returns squarely on inflation.
The US Centers For Disease Control and Prevention reported last week that the US birth rate plunged for its sixth consecutive year in 2020. The US fertility rate also hit a new record low. Demographers are puzzled at this potentially troubling trend...
Much has been written about the need to justify your value. Once you buy into this premise, there’s no end to the advice about how to do so. But it’s a terrible idea.
