The NBBO flutter
Oh the weird and wonderful charts of Nanex.Here’s the latest one from the market data analytics firm (click to enlarge):In Nanex’s opinion this is one of their...
No one knows nothing: Apple edition
Apple just reported the second most profitable quarter for any company, trailing only ExxonMobil’s record quarter in 2008 in the aftermath of the oil price [...]
Mark Faber on why equities are better than ‘safe assets’
Marc Faber, publisher of the Gloom, Boom and Doom report, tells Bloomberg TV on Friday (our emphasis):I wouldn’t say they are particularly attractive but, look, I am in...
Ignore politics when investing until you cannot
A quick post on the topic of politics and investing. Jeff Miller at A Dash of Insight has noted many times that investors should be [...]
Essar fail
Essar Energy shares trade in London at 108p. It’s down as much as 37 per cent on the day, making it a contender for the worst FTSE 100-eligible flotation ever.(At pixel...
Could Happen To Anyone
Over the last couple of weeks or so I've disclosed buying two new individual stocks for most of our large client accounts (in this context large means accounts where we believe using mostly individual stocks is suitable). A hopefully amusing thought oc...
Resilient portfolios in the face of structural breaks
Today is a great example of why it is so difficult to be an investor. Even when the data says one thing one can easily [...]
Triple net returns and the importance of taxes
A few weeks ago we talked about how even a relatively benign, by headline standards, inflation environment inflation is a “silent killer” of investment portfolios. [...]
5 reasons to ignore top 10 stock lists
The listicle is a staple of the financial media and blogosphere. The listicle, or list/article, is so favored because it does a good job of [...]
Valuation Thursday: a chart extravaganza
Today is Valuation Thursday on Abnormal Returns. We came across a number of items showing some unusual valuation extremes. Rather than spend a bunch of [...]
Is investing dead?
Is investing dead? Peter Cohan writing at Forbes thinks so. He thinks the only way to make money in this environment is to be sell [...]
Long run investing
One of the biggest challenges facing individual investors is that of time frame. Individual investors have the benefit of having a longer term time horizon [...]
