In the long run, stock investing is about earnings, and the game is to buy those earnings as cheaply as possible.
No one knows what truly drives digital currency prices, so estimating future returns and volatility is a crapshoot.
The idea that the two move in opposite directions is grounded more in theory than data.
By cutting out expensive and lackluster companies, investors can pay less without sacrificing profits, writes Nir Kaissar.
Exchange-traded funds can do anything expensive mutual funds can do, only more cheaply.
Assets that are developed internally don't appear on the books and cause businesses to appear more expensive than they are.
Today's market has been more expensive only once before.
Investors have poured billions into ESG funds. They won’t stick around if they don’t perform.
Conventional wisdom about the strategy’s slump doesn’t stand up to scrutiny.
The temptation is to wait stubbornly for the market to revisit its lows, a day that may never come.