Put Your Money Where Your Life Is: 12 Ways to Invest Locally
There are at least a dozen ways to invest locally. If we assume that Wall Street’s benchmark return is 5% per year-a generous assumption given that the market is down this year by 20%-most local investment options are likely to deliver a better return. What are they? Q2 2020 hedge fund letters, conferences and more […]
The post Put Your Money Where Your Life Is: 12 Ways to Invest Locally appeared first on ValueWalk.
Read More
Tesla’s Moonshot, How High Can It Go?
Since the beginning of 2020, the aggregate market cap of the twelve largest automakers is up 9.30% to $803 billion. Quite an increase considering the COVID pandemic is causing a global recession and weak auto sales. Q2 2020 hedge fund letters, conferences and more The obvious question is, why is the auto sector doing so […]
The post Tesla’s Moonshot, How High Can It Go? appeared first on ValueWalk.
Read More
Airline firms do layoffs after taking bailout money
Airlines and contractors doing business on their plays were offered bailouts if they didn’t do any layoffs. However, there’s apparently a big loophole that some contractors are taking advantage of. These airline firms are not only taking the bailout money but also doing layoffs. Q2 2020 hedge fund letters, conferences and more Airline contractors take […]
The post Airline firms do layoffs after taking bailout money appeared first on ValueWalk.
Read More
The Price Of Oil Remains Stable As Inventories Surge
Commenting on the stability of the oil price and today’s trading, Gorilla Trades strategist Ken Berman said: Q2 2020 hedge fund letters, conferences and more The major indices are all trading slightly higher at midday as stocks bounced back following yesterday’s late-session dip in early trading. The Nasdaq has been the strongest of the large-cap […]
The post The Price Of Oil Remains Stable As Inventories Surge appeared first on ValueWalk.
Read More
Adressing The Failures In The Next Phase Of PPP…
Last night, Politico reported on how the Paycheck Protection Program’s (PPP) flawed implementation allowed well-connected corporations to access the program’s crucial taxpayer dollars while small businesses were boxed out, and how lawmakers are aiming to address these failures in PPP’s next phase. Q2 2020 hedge fund letters, conferences and more Expectations From PPP’s Next Phase Here are some key quotes from the experts on what we need […]
The post Adressing The Failures In The Next Phase Of PPP… appeared first on ValueWalk.
Read More
What are tail risk funds? An introduction to a niche
Tail risk funds represent a small niche of the hedge fund industry, and there are a few different types. They essentially serve as insurance for your portfolio. They lose money most of the time, but when there is a tail risk event, they rise quite a bit when the rest of the market crashes down […]
The post What are tail risk funds? An introduction to a niche appeared first on ValueWalk.
Read More
How much will the Tesla stock bubble inflate?
Tesla stock soared past $1,400 a share today, and talk about whether it’s in a bubble has been reignited. Several analysts have weighed in on the EV maker today, and even some bears are starting to say that the shares could keep rising. Q2 2020 hedge fund letters, conferences and more However, one author suggests […]
The post How much will the Tesla stock bubble inflate? appeared first on ValueWalk.
Read More
Speculative Earnings and Recent Stock Price Movements
In a clever and useful analysis, Ronen Israel, Kristoffer Laursen, and Scott Richardson of AQR use the residual income approach to break down how the value of a company’s stock depends on three components: its book value, the value of its predictable earnings, and the value of its speculative earnings. The first component, the book […]
The post Speculative Earnings and Recent Stock Price Movements appeared first on ValueWalk.
Read More
Hedge Funds And The Spirit Of The PPP Program
Letter to the editor: I had noted a few months ago that many of these firms getting the PPP loans were not ‘in the spirit’ of the program. Q2 2020 hedge fund letters, conferences and more The Spirit Of The PPP Program Without any real ‘oversight’ the compliance part of these loans seems – – […]
The post Hedge Funds And The Spirit Of The PPP Program appeared first on ValueWalk.
Read More