Investor News
- By Borsgade
In this interview, Guy Spier covers a wide range of topics, blending practical investing advice with broader life lessons and philosophical insights. Guy emphasizes the importance of long-term thinking, personal growth, and maintaining a balanced perspective on success and happiness.
- By Borsgade
In this video, NYU Professor Aswath Damodaran shares his thoughts on how AI may cause disruption on a personal level. The media argue that AI is coming for our jobs, and for Aswath, that threat became real when he learned of a bot in his name that had read and listened to everything that he had ever written or said.
- By Borsgade
In his latest paper titled ‘The Less-Efficient Market Hypothesis’ AQR's Cliff Asness explains why he believes markets have become less efficient over the past 30+ years due to technology, gamified trading, and social media. This inefficiency raises the stakes for rational active investing, with bigger and longer-lasting market swings. Investors should embrace this opportunity but remain cautious of strategies that might not perform well long-term.
- By Borsgade
In his recent memo, Howard Marks explores the concept of "Mr. Market," a metaphor introduced by Benjamin Graham to describe the stock market's erratic behavior. Marks discusses the market's tendency to miscalculate asset values due to emotional swings between optimism and pessimism.
- By Borsgade
In their recent commentary, Bill Nygren and his colleagues at Harris Associates discuss how to avoid value traps. In their perspective, value traps occur when a stock appears undervalued but fails to grow its per-share value at an acceptable rate.
- By Borsgade
In his latest article titled The Math of Value and Growth, Michael Mauboussin explores the relationship between growth, return on capital, and the discount rate in valuing financial assets.
- By Borsgade
In his Pershing Square 2024 Interim Report, Bill Ackman discusses the current stock market environment, noting that a significant portion of market capitalization is now held by permanent owners such as index funds.
- By Borsgade
In a recent interview, Guy Spier discusses the importance of taking risks, especially for individuals in their twenties. He suggests that this period is ideal for career and financial risks due to the ample time available to recover from failures.
- By Borsgade
At the Oaktree Conference 2024, Howard Marks highlighted a shift in the economic environment from a period of ease for business, finance, and investing to one of increased normalcy. He suggested that this transition could lead to slower economic growth, reduced profit margins, and decreased investor optimism
- By Borsgade
At this presentation hosted at YPO Delhi, Mohnish Pabrai illustrates the power of compounding to his daughter during a late-night drive.