Sir John Templeton on market moves
In this letter to clients Sir John Templeton does a good work describing where markets are moving to...
White Papers
Howard Marks memo on the curve
In this memo Howard Marks takes about a very up-to-date issue: “flattening the curve”, as o...
GMO: 7 year asset class forecast
A very useful tool to see what markets (if they would linearly get back to their historic valuations in...
Howard Marks memo on bets
In this memo Howard Marks, talks about the commonalities between gambling and investing (seeing the wor...
Howard Marks memo
In this memo Howard Marks, as usual, gives very useful “common sense” thoughts in the curre...
Bob Schmidt: discussion around Goodwill and Intangible Assets
Our friends from the Brandes Institute discuss the impact of Goodwill and Intangible Assets on valuatio...
Wim Antoons: CAPE ratio and future returns
Our friend Wim Antoons presents a White Paper about the CAPE ratio for the US market and the correlatio...