An Update on Expected Returns from US Treasury Bills to the S&P 500
An extremely anomalous 15 year period in financial markets has ended. A new one, equally as strange, has begun.
Measuring Growth Versus Value Stocks After a Rocky Start to the Year
What should investors favor today, growth stocks like Apple and Google? Or value stocks like Johnson and JP Morgan?
Robert Shiller's Prescient Warning on Stock, Bond and Home Prices
Professor Robert Shiller, a measured man with a good track record of sage analysis, recently made a bold statement. In the NYT he wrote: "the prices of stocks, bonds and real estate... have never been this overpriced simultaneously in modern history." Investors should heed the warning.
A Low-Key Investment Strategy That Beat the Market with Half the Risk
Equity LifeStyle Properties (ELS) is the manufactured housing real estate investment trust (REIT) founded by Sam Zell. Since IPO on February 25, 1993, ELS returned 16.7% per year compared to the S&P 500’s 10.5%. Even more impressively, ELS generated this performance with a beta of 0.5. Manufactured housing is an overlooked segment of the market that investors should consider.
Are Real Estate Investment Trusts (REITs) Helping Your Portfolio?
Every S&P 500 Index owner holds real estate investment trusts (REITs). To date, these investments have not been accretive to index performance. However, alternative REIT's, from cell towers to data centers, have handily out-performed the average REIT and the S&P 500. So has another under the radar alternative REIT category, discussed here.
An Undiscovered Recovery Play Ready for Liftoff
Viasat offers the opportunity to invest in a business trading at a temporary discount due to a once a century event that was no fault of their own. Right before they complete their most transformative project to date.