Stingy Investor Contact - Subscribe - Login
  Home | Articles | Screens | Links | SNW | Rothery Report
 
New Stingy Headlines

 01/24   The Stingy News Weekly: January 24, 2020 
 01/24   50 years of industry data 
 01/24   Down on the farm 
 01/24   Dan McMurtrie talks to Tobias Carlisle 
 01/24   Bonds, bubbles, and biases 
 01/24   Asset Mixer Update 
 01/24   Periodic Table Update 
 01/24   Increasing risks of loan funds 
 01/24   2020 Couch Potato Model Portfolios 


Most Recent Stingy News

The Stingy News Weekly: January 24, 2020
01/24/20 :8:19 PM ESTSNW
This week we have real data for the Asset Mixer, bubbles, bonds, couch potatoes, and more.
More SNW: The Stingy News Weekly: January 17, 2020
The Stingy News Weekly: January 10, 2020

50 years of industry data
01/24/20 7:36 PM ESTMarkets
"of the forty-eight industry portfolios considered on a value-weighted or market capitalization basis, only six boasted a higher Sharpe than the broad market: Smoke, Food, Beer, Guns, Drugs, and Utilities."
More Markets: Dan McMurtrie talks to Tobias Carlisle
Rebalancing frequency

Down on the farm
01/24/20 7:27 PM ESTFun
"A stable of lesser known speculative manias including Japan's rabbit mania, poultry fever and the ostrich feather boom."
More Fun: Mises vs. Marx
Building a trading wall

Dan McMurtrie talks to Tobias Carlisle
01/24/20 7:08 PM ESTMarkets
"Daniel McMurtrie, better known as FinTwit's @Supermugatu, runs a long/short hedge fund, a Bangladeshi venture fund and wrote the modern 95 Theses for millennial daters: The Dating Market" [video]
More Markets: Rebalancing frequency
The art of not selling

Bonds, bubbles, and biases
01/24/20 6:40 PM ESTBonds
"The single best predictor of future bond returns is their starting yield. The lower the starting yield, the lower the future returns."
More Bonds: Beating the index in bonds
Bonds are expensive

Asset Mixer Update
01/24/20 6:16 PM ESTStingy Investing
We've updated our Asset Mixer to include real data for 2019.
More Stingy Investing: Periodic Table Update
An inevitable market downturn

Periodic Table Update
01/24/20 6:15 PM ESTStingy Investing
We've updated our periodic table of annual returns for Canadians to include real data for 2019.
More Stingy Investing: An inevitable market downturn
The power of reinvesting dividends

Increasing risks of loan funds
01/24/20 6:07 PM ESTHallett
"The appeal of bank loans as investments is two-fold: i) they offer mid-to-high single-digit yields (because borrowers are higher risk); and ii) they typically bear a floating interest rate so they.re immune to often-feared higher rates. But bank loans differ from high yield bonds in important ways."
More Hallett: Lessons from private markets
Cryptocurrency: A Tool for Speculation

2020 Couch Potato Model Portfolios
01/24/20 6:05 PM ESTIndexing
"ETFs still aren't right for everyone, but the launch of 'one-fund portfolios' (also called asset allocation ETFs), combined with the low- and no-commission trades at several brokerages, have made them more appropriate even for small portfolios. For the vast majority of DIY investors, I believe these one-ticket solutions are the best way to build a diversified portfolio that balances low cost with ease of maintenance."
More Indexing: Kung Fu fighting
Horizons swap ETFs

The Stingy News Weekly: January 17, 2020
01/17/20 :9:31 PM ESTSNW
This week we have value, predictions, allocations, and more.
More SNW: The Stingy News Weekly: January 10, 2020
The Stingy News Weekly: January 3, 2020

Age-invariant asset allocation
01/17/20 9:17 PM ESTRetirement
"In the present environment, the stock market is poised to deliver 2.52%/year over the next ten years. You can do better with an investment-grade portfolio of bonds."
More Retirement: Count the cash
What number

Value's death exaggerated
01/17/20 9:05 PM ESTValue Investing
"Over the last 12 years, the relative valuation of value and growth moved from the 21st percentile to the 97th percentile. This revaluation explains most of value's underperformance. Today, the relative valuation level is close to the most attractive valuation level in history at the peak of the tech bubble in 2000."
More Value Investing: VAH: Akre
O'Shaughnessy Q4 2019 letter

VAH: Akre
01/17/20 9:08 PM ESTValue Investing
"S02 E02 Akre Never Sells, What Buffett Should Buy and Damodaran's Market Delusion" [video]
More Value Investing: O'Shaughnessy Q4 2019 letter
Value's underperformance

An inevitable market downturn
01/17/20 8:05 PM ESTStingy Investing
"There were 138 separate downturns in the S&P 500's inflation-adjusted record, based on Prof. Shiller's data. About 36 per cent of them lasted for one month and 67 per cent of them lasted for three months or less before the market moved up to new highs." [$]
More Stingy Investing: The power of reinvesting dividends
Asset Mixer Update

O'Shaughnessy Q4 2019 letter
01/17/20 8:03 PM ESTValue Investing
"our updated in-house 10-year point estimate for the U.S. market's nominal total return fell during the year, and now sits at ~1.5% annualized, which would mean a ~16% total return over the next decade."
More Value Investing: Value's underperformance
Value after hours

The Stingy News Weekly: January 10, 2020
01/10/20 :9:05 PM ESTSNW
This week we have rebalancing, value, not selling, and more.
More SNW: The Stingy News Weekly: January 3, 2020
The Stingy News Weekly: December 27, 2019

Rebalancing frequency
01/10/20 7:27 PM ESTMarkets
"My prior with most market-based analyses is that the patterns we observe are just noise and randomness. Given the conclusions found from those who have studied rebalancing previously, I am inclined to believe that this is true in this case as well."
More Markets: The art of not selling
The long suffering

Value's underperformance
01/10/20 7:03 PM ESTValue Investing
"Critics of value investing have declared the death of value. However, the empirical analysis suggests it is unlikely because the size of the current drawdown, while painful, is not an outlier, and the pre- and post-2007 data suggest there have been no statistically significant changes in the two drivers of the value premium - migration and profitability. The simple explanation for value's underperformance is the relative increase in the valuations of growth stocks."
More Value Investing: Value after hours
The presumed end of value

The art of not selling
01/10/20 6:38 PM ESTMarkets
"Of our most costly mistakes over the years, almost all have been sell decisions. The mistake, in virtually every instance, has been selling too soon."
More Markets: The long suffering
A pension storm

The Stingy News Weekly: January 3, 2020
01/03/20 :7:19 PM ESTSNW
This week we have updates to the Asset Mixer and Periodic Table for Canadians, dividends, declines, optimism, and more.
More SNW: The Stingy News Weekly: December 27, 2019
The Stingy News Weekly: December 16, 2019

How things go viral
01/03/20 7:15 PM ESTMedia
"Derek Thompson stops by The Compound to discuss how and why things go viral with Barry and Michael. Derek is a staff writer at The Atlantic and author of 'Hit Makers.'" [video]
More Media: John Malone interview
The dark forest theory

Archive: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Submit a Story

The Rothery Report

Login | Learn More & Subscribe | Gains

Stingy News Weekly

The Latest Edition

Follow Stingy Investor at

RSS | Twitter | YouTube

Search Stingy Investor

Read Norm's Articles in

The Globe & Mail
Canadian MoneySaver
Article Library

Tools

Asset Mixer
Periodic Table

Stingy Stocks
+15.8%/yr (CAGR)


2018: New Picks (for subs)
2017: Up 58.3%
2016: Up 8.4%
2015: Down 1.4%
2014: Up 6.9%
2013: Up 37.8%
2012: Up 10.9%
2011: Down 16.1%
2010: Up 69.4%
2009: Up 64.5%
2008: Down 40.1%
2007: Down 5.5%
2006: Up 28.9%
2005: Up 29.2%
2004: Up 29.8%
2003: Up 33.8%
2002: Down 1.9%

Defensive Graham Stocks
+15.6%/yr (CAGR)


2018: New Picks
2017: Up 12.8%
2016: Up 1.6%
2015: Up 2.2%
2014: Up 5.1%
2013: Up 19.0%
2012: Up 26.6%
2011: Up 4.1%
2010: Up 2.3%
2009: Up 2.2%
2008: Down 6.5%
2007: Up 34.4%
2006: Down 3.8%
2005: Up 46.6%
2004: Up 32.2%
2003: Up 56.8%
2002: Up 28.2%
2001: Up 20.2%

Top 200
+14.6%/yr (CAGR)


2018: New Picks
2017: Up 13.5%
2016: Up 2.8%
2015: Up 2.1%
2014: Up 2.3%
2013: Up 55.0%
2012: Up 13.4%
2011: Down 4.2%
2010: Up 19.7%
2009: Up 41.0%
2008: Down 32.9%
2007: Up 16.2%
2006: Up 37.6%
2005: Up 57.6%

More Stingy Investing

Asset Mixer Update
Periodic Table Update
An inevitable market downturn
The power of reinvesting dividends
Asset Mixer Update
Periodic Table Update
The flip side of tax-loss selling
Dividend investing under the microscope
Graphing Dividends
The Champagne portfolio
How to invest a cash windfall
Dividend Monsters
The Acquirers Fund
The hot potato portfolio
The Perch Portfolio
The Return Gap
Personalized Returns
The gap
The perch portfolio
Sludgy advice
The Frugal Dividend portfolio
Dividends plus low vol
Two returning megastar stocks
Top 1000 stock picks
A bin of bargains
Fees and taxes can ruin your retirement
The good, the bad, and the ugly of value investing
Investing at a market peak
Trying to time the market
Solace for those retiring at a peak
Buffett's wide-moat theory works
Asset Mixer Update
Periodic Table Update
Top 200 2019
Top 500 2019
Asset Mixer Update
Periodic Table Update
Zombie stocks on the TSX
Bundle up to escape visible volatility
Simple trend following
Canada's top dividend stocks 2019
Take the long view
Monstrous returns
High-yield small-caps
Low-P/E in the DJIA
Picking dividend growers
Beating the TSX
7 strategies that walloped the market
Value investing for sunny outcomes
Momentum strategies have produced standout results
The missing table
Low P/E in the TSX 60
A megastar mega gain
Coal contest
The Top 1000
Meet the Top 1000 Megastars
Value stocks during a soft patch
The devil in the low-P/E details
All FAANGed up
Most newspapers are going to perish
A better trend-following strategy
A simple timing strategy
Asset Mixer Update
Periodic Table Update
Market puts investors under the gun
Asset Mixer Update
Periodic Table Update
A Hogtown carol
Top U.S. small caps
Microcap vertigo
Two heads might be worse than one
Inspired by valour
Top 200 Canadian Stocks
Top 500 U.S. Stocks
The monster portfolio
A succulent value strategy
Top dividend stocks
Strategy Lab ends
Not a single loser
Low-P/E value
Small value stocks
More ......



About Us | Legal | Contact Us
Disclaimers: Consult with a qualified investment advisor before trading. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. More...