equities

Dow 36,000, crypto, Brexit, GameStop, pandemic. Imagine you uttered these terms back in the autumn of 2011, when Enterprising Investor first launched. What would they have evoked?

Shouldn't less efficient capital markets with greater information asymmetries offer more alpha opportunities?

How have equal- and market-cap weighted US equity portfolios performed relative to one another during downturns?

How do meme stocks move relative to stock market indices and other meme stocks?

How can investors hedge against inflation risk? Do equities offer any protection?

Are low-volatility or high-volatility strategies the better choice when it comes to equity returns?

Cost of capital is a tenuous concept. Charlie Munger amusingly calls it a “perfectly amazing mental malfunction.”

Dividends and buybacks are poised for a comeback this year.

We should lean toward investing in all of the world all of the time.

Optimal diversification in equity portfolios varies by style.