A Really Big Earnings Season

Percentage change in indexes year to date

The current earnings reports that begin rolling out this week will be among the most important since the financial crisis, if not even before that.  To explain why, let us start with some background data.  Exhibit 1 plots the three major stock market indexes from the start of the year through the close on July […]

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Volatile Earnings Season Is On The Horizon

volatile earnings season current quarterly earnings

Commenting on the coming volatile earnings season and today’s trading Gorilla Trades strategist Ken Berman said: Q2 2020 hedge fund letters, conferences and more The major indices are all trading significantly higher at midday, as stocks continued higher this morning following Friday’s encouraging rally on Wall Street. The Nasdaq hit yet another all-time high in […]

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How Will Coronavirus Diagnostic Technologies Evolve in the Post-Lockdown Era?

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While the COVID-19 outbreak continues to rise in some countries, many others have successfully brought down the number of daily new cases and reproduction number. European countries have loosened the general lockdown, such as Germany, Spain, and UK. Gone together with the quarantine are the huge daily COVID-19 testing numbers. Q2 2020 hedge fund letters, […]

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Charlie Munger’s Guide to the Perplexed

Untested Ideas fundamental algorithm incentives Top 10 oldest billionaires in the world

At the 2019 Daily Journal Annual Meeting Charlie Munger challenged his audience with a question. Q2 2020 hedge fund letters, conferences and more An investment house asked its brightest young minds to offer their best ideas for market-beating returns. They confidently applied those best ideas. In Charlie’s words, “It failed utterly.” Shocked and incredulous, they […]

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