April 2024The S&P 500 lost 4.08% in April 2024. (on.spdji.com)How major asset classes performed in April 2024. (capitalspectator.com)Hedge funds are overexposed to momentum. (ft.com)StrategyCatalysts matter. Good luck identifying them. (behaviouralinvestment.com)How to think about debt. (collabfund.com)Markets have to clear. (fortunesandfrictions.com)CompaniesBerkshire...

PodcastsChristine Benz and Amy Arnott talk with Meir Statman author of "A Wealth of Well-Being: A Holistic Approach to Behavioral Finance." (morningstar.com)Justin Carbonneau and Jack Forehand talk with Jared Dillian author of "No Worries: How to Live a Stress-Free Financial Life." (youtube.com)Peter Lazaroff talks with Sara Gelsheimer, Senior Wealth...

StrategyWiden your investing lens. (awealthofcommonsense.com)The best investors are running their own race. (klementoninvesting.substack.com)WalmartWalmart ($WMT) is launching a new in-house brand, 'bettergoods.' (axios.com)Walmart ($WMT) is getting out of the health clinic business. (retaildive.com)Eli LillyEli Lilly ($LLY) is selling a lot of weight...

Factor investingPortfolio construction matters when it comes to factor investing. (insights.finominal.com)Does machine learning improve on factor investing? (alphaarchitect.com)ResearchManaged futures returns are lumpy. (rcmalternatives.com)What valuations miss. (morganstanley.com)How much do valuations matter for multi-asset investing? (entrylevel.topdowncharts.com)How...

MarketsCrude oil has greatly outperformed natural gas of late. (allstarcharts.com)The age of super-low interest rates is over. (wsj.com)CompaniesA look at the business of Apple ($AAPL) Airpods. (sherwood.news)Meta ($META) investors need to ask themselves if they trust Zuck. (stratechery.com)The Magnificient Seven has gobbled up hundreds of startups....

PodcastsBen Johnson and Julie Willoughby talk with Jen Abate, Head of Financial Institutions Group at Lazard Asset Management (morningstar.com)Cameron Passmore and Benjamin Felix talk with Meir Statman author of the new book "A Wealth of Well-Being: A Holistic Approach to Behavioral Finance." (rationalreminder.libsyn.com)The bizGoldman Sachs ($GS) is...