Passive investing has exploded over the past decade — but is it distorting stock prices and squeezing out returns? In…

How does AI value AI? We prompted Perplexity Labs to create a DCF for #NVDA, #MSFT, #GOOG, #META, #AAPL and…

The P/E for automobile manufacturers is normally very low. Ford, GM and Toyota currently trade at 7 times earnings. Tesla’s…

Today, we’re going to talk about one of the most basic concepts of investing—risk. There’s overwhelming evidence that when it…

The ultimate source of wealth from financial investments comes from the transfer of funds to entities that invest in the…

As Herb Stein “if something cannot go on forever, it will stop”. The current growth of government debt is unsustainable…

A majority of stocks destroy wealth. In fact, most all of the wealth creation from stocks is attributable to only…

For more than four decades both Prof. Aswath Damodaran and Prof. Bradford Cornell have stressed the importance of the equity…

The combination of P/E multiples and earnings determines stock prices – its basic math. In our last episode of Reflections…

The ultimate source of value for common stocks is the earnings of corporations. In the last four and a half…

A common refrain is that to get more return you have to bear more risk. But what exactly is risk?…

Professor and Nobel Prize winner Eugene Fama put forth the efficient market hypothesis and based on that concept Warren Buffet…