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22 Lessons Learned Upside Down Markets: Profits, Inflation and Equity Valuation in Fiscal Policy Regimes As another round of fiscal stimulus makes its way through Congress. Jesse Livermore’s research on Fiscal Policy Regime Change may be more timely now than when it was first published by OSAM back in September. […]
Top Private Equity Managers are the Only Ones Likely to Achieve Return Expectations Plus 4 More Lessons Learned From Public to Private Equity in the United States: A Long-Term Look The last 25 years have seen a shift in US Equity market structure. Companies are staying private longer because capital […]
By Michael J. Mauboussin and Dan Callahan, CFA August 4, 2020 Consilient Observor these notes are taken from. P. 17 the mix of tangible and intangible investments has changed over the last 40 years. In the late 1970s tangible investments were nearly double those of intangible investments. Today, intangible investments […]