January 11, 2022 - From 2000 to 2004, as the growth bubble popped and value stocks came roaring back, a "golden era" for long-short equity hedge funds occurred. Sound familiar? (more…)
Mike Kesslering11 January 2022
December 14, 2021 - Short selling of stocks was extremely challenging in 2019 and 2020. Historically, overvalued shares of unprofitable companies dramatically underperformed the market. However, over the previous two years, this market dogma flipped - the more a stock was overvalued, and the more money a…
Mike Kesslering14 December 2021
November 11, 2021 - U.S. inflation hit 6.2% in October compared with a year earlier. The consumer price index was up 0.9% last month, meaning that the purchasing power of a U.S. dollar is losing nearly -1% every 30 days. Unfortunately, the Canadian dollar is not doing much…
Nouha Ezzine11 November 2021
October 14, 2021 - In the 1990's, the default investor portfolio included a significant allocation to a star fund manager's equity mutual funds. The typical investor portfolio included allocations to Fidelity's Magellan Fund and Vanguard's Windsor Fund. Asset allocation has changed dramatically since the heyday…
Mike Kesslering14 October 2021
September 13, 2021 - With the continued economic recovery, a reduction in central banks' monetary stimulus remains top of mind for investors. (more…)
Mike Kesslering13 September 2021
August 31, 2021 - Traditionally, investors have pondered three major considerations when allocating capital. What is the expected return? (more…)
Nouha Ezzine31 August 2021
August 16, 2021 - The dog days of summer have brought calm to the markets, concealing an underbelly full of action and excitement. (more…)
Nouha Ezzine16 August 2021
July 13, 2021 - One of the most common questions I hear these days is, "How can I generate yield for clients?" With short-term T-Bills yielding 0.05% and 2-year Treasurys yielding just 0.25%, I am not surprised to hear this question often. What does surprise me…
Nouha Ezzine13 July 2021
June 14, 2021 - As a hedge fund manager and market prognosticator, our predictions often turn out wrong. It is a very humbling profession. I stated on the February 22nd episode of our Absolute Return Podcast, "Yeah, and this really just concludes the whole GameStop saga. continue…
Mike Kesslering14 June 2021
