Most stocks suck. We know from Hendrik Bessembinder’s famous study that only 40% of stocks beat treasury bills. The remaining ...

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The yield on long-term government bonds is as high as it’s been since 2007. The stock market doesn’t seem very bothered by it ...

Today 87% of US companies with >$100M in revenue are private, while 13% are public. The growth of private market investing ...

Investors bought the dip, but have been net sellers since the bottom. Todd Sohn told me that IVV, SPY, RSP, and IWM have all seen outflows since April 8th. According to his work: ”At the start of the ...