In a new book, “The Investor’s Paradox,” Brian Portnoy explores the downside of the vast number of choices investors face.
Our top managers remain cautious, focusing more on relative valuation and increasing their willingness to book gains in the face of a rising (but potentially overvalued) market.
UPDATE: With WhatsApp deal, Facebook is all grown up
Our top managers continue to put money into wide-moat firms.
A primer on how linear factor models are used to look at fund manager performance.
Consider careful asset location, selling losers (and winners), and using the specific-share identification method.
Beaten down by the specter of rising interest rates, a sluggish emerging-markets consumer, and currency headwinds, the U.S. consumer staples sector offers strong dividends, high-quality stocks, and an attractive relative valuation.