Institutional Investors are Delusional | Meb Faber Research - Stock Market and Investing Blog

Delusional is not the right word.



Institutional Investors are Delusional | Meb Faber Research - Stock Market and Investing Blog

T. Rowe Price Voted for the Dell Buyout by Accident - Bloomberg View

T. Rowe Price Voted for the Dell Buyout by Accident - Bloomberg View

Global Conference 2016 | The Evolution of Hedge Funds and the Future of Asset Management � Milken Institute

Global Conference 2016 | The Evolution of Hedge Funds and the Future of Asset Management � Milken Institute

Index Investing Makes Markets and Economies More Efficient | PHILOSOPHICAL ECONOMICS

Index Investing Makes Markets and Economies More Efficient | PHILOSOPHICAL ECONOMICS

The Fat Pitch: When 'Buy and Hold' Works, And When It Doesn't

Or chart the Nikkei from 1989 to 2019....



The Fat Pitch: When 'Buy and Hold' Works, And When It Doesn't

What Good Are Hedge Funds?

What Good Are Hedge Funds?

Three Things I Think I Think – Thinking Edition | Pragmatic Capitalism

Three Things I Think I Think – Thinking Edition | Pragmatic Capitalism

Why investors may need to lower their sights | McKinsey & Company

Why investors may need to lower their sights | McKinsey & Company

The Coming Catastrophe for High Fee Active Managers | Pragmatic Capitalism

The Coming Catastrophe for High Fee Active Managers | Pragmatic Capitalism

Be Afraid, Be Very Afraid If You're Investing for the Long Run - Bloomberg

Forecasting is difficult, especially about the future.



Be Afraid, Be Very Afraid If You're Investing for the Long Run - Bloomberg

Stop Crashing Planes: Charlie Munger’s Six-Element System

Problems with transmission.



Stop Crashing Planes: Charlie Munger’s Six-Element System

Asset Managers, Prepare to Have Your Business Disrupted | Institutional Investor

Asset Managers, Prepare to Have Your Business Disrupted | Institutional Investor

The Brooklyn Investor: JPM Annual Report 2015

The Brooklyn Investor: JPM Annual Report 2015

What does the market know?

https://www.oaktreecapital.com/docs/default-source/memos/what-does-the-market-know.pdf?sfvrsn=6

The Great Myths of Investing | Above the Market

The Great Myths of Investing | Above the Market

Memos from Howard Marks

Memos from Howard Marks

Uber Is Raising More Money From Rich People - Bloomberg View

Uber Is Raising More Money From Rich People - Bloomberg View

Big Banks, Big Bond Deals and Big Jackpots - Bloomberg View

A good data-journalism project would be to keep track of all the investors who were inspired to enter finance by a particular person, divide them into teams based on their inspirations, and see who inspired the best investors. Warren Buffett? George Soros? Jesse Livermore? Michael Lewis? Gordon Gekko? Where do you think Thales falls on that list?







Big Banks, Big Bond Deals and Big Jackpots - Bloomberg View

My Financial Stack as a Millennial | Sachin Rekhi

My Financial Stack as a Millennial | Sachin Rekhi

Facebook Earnings and Swap Hedges - Bloomberg View

Facebook Earnings and Swap Hedges - Bloomberg View:



 Wall Street "short-termism" is just about who should get to make decisions with capital. If you are bad at investing�capital, investors will keep you on a short leash, and ask for their capital back if you have any to spare so they can put it to better uses. If you are great�at investing�capital, sure, buy a virtual-reality headset company, build driverless cars, shoot rockets to Mars, whatever, go nuts. Long-term corporate investment and deep basic research is possible, but you have to earn it.