Investment strategies

Burdened by too much debt and growing societal frustration, the global economy is faced with stark choices, including fiscal austerity and rising defaults. But what if we took a page out of Henry Ford’s playbook, creating a highly paid, highly trained workforce to help usher in a new era of inclusive growth? … [Read more...] about To reduce inequality, focus on inclusive growth

It has been ten years since the crash that shook the foundations of modern capitalism. Like the Great Depression of 1929 before it, the Global Financial Crisis revealed the failings of entire economic and political system and the weaknesses in public finances and monetary policy. The crisis led to an essential review of financial regulation and ultimately became a watershed … [Read more...] about Will we have another Global Financial Crisis?

Over the last 25 years, Exchange Traded Funds (ETFs) have grown in popularity. But many people are still not exactly sure of what they are, believing they can just buy a Global Equity ETF or a North American ETF. But the reality is, there are thousands of different ETFs to choose from and even two that look the same may be very different. What are ETF’s An ETF tracks an … [Read more...] about Exchange Traded Funds: Not all are made the same

There is a strong rationale for considering tangible equity when assessing corporate balance sheets. For Western companies, particularly those in the US, the ‘safety net’ of tangible assets has noticeably shrunk in recent years while net debt has increased rapidly; This development carries risks and seems unsustainable. Corporate net debt in the US seems to be on an … [Read more...] about The disappearance of tangible equity in the US

On the surface, value investing seems simple: it’s about choosing stocks that are trading for less than their “intrinsic” or true value. After all, who wouldn’t agree to a deal where one pays less than the market price? Bargains are good! That’s why Value has become one of the most popular philosophical approaches to active equity investing. Born in the 1920s from Benjamin … [Read more...] about Why equity investors continue to look for value