Hot List Newsletter

Most Recent Hot List Issues

3 most recent issues require subscription. Historical issues can be viewed free of charge.

5/18/2018

Validea Hot List

How to Keep Investing Perspective

Learning how to tune out the noise and focus on what matters is the biggest challenge in investing. Investors have to overcome the temptation to dwell on the short-term when it's the long-term view that matters. They have to have the discipline to stick to a strategy even if it appears to be faltering at the moment. Success comes with setting clear goals and tuning out the distractions.

5/4/2018

Validea Hot List

What Gambling Can Teach Us About Process

One of the biggest mistakes investors make is valuing outcome over process, particularly giving significant weight to outcomes over short periods of time. When an investment manager does well over one, three, or five-year periods, investors flock to them and their assets under management rise. But things almost always end badly for those performance chasing investors.

4/20/2018

Validea Hot List

The Role of Inconsistency in Outperformance

No investment model can beat the market every year. We have studied many factor-based investment models and one rule applies to every one of them. Inconsistency is what investors have to endure in the short run to beat the market over the longer term.

4/6/2018

Validea Hot List

Graham's Most Important Contribution

Many consider the value approach to picking stocks Benjamin Graham's most important contribution to investing, but in actuality it may be something different entirely. Check out our latest newsletter to see what Graham's biggest lesson was.

3/23/2018

Validea Hot List

Become an Equity Compounder like Buffett

It's a simple concept, but over time, it accomplishes extraordinary things. That's how legendary investor and stock market guru Warren Buffett has described compound interest, a concept that Albert Einstein called the "eighth wonder of the world."

3/9/2018

Validea Hot List

Lessons from Buffett's Annual Letter

Warren Buffett's annual letter to shareholders is an opportunity for investors to remind themselves of some valuable lessons. This year's letter contained insights on whether Buffett is seeing value in the market, on update on his bet that the S&P 500 would outperform a basket of hedge funds, and his views on the use of leverage. Our latest newsletter offers our take on the most valuable lessons from the letter.

2/23/2018

Validea Hot List

The Pros and Cons of Buying Market Dips

Warren Buffett always says that investors should be fearful when others are greedy and greedy when others are fearful. But does buying during market declines really enhance returns over time? Check out our latest newsletter to get the facts.

2/9/2018

Validea Hot List

Three Mantras for Investors

Last year was an anomaly. There hasn't ever been a year like 2017, when the S&P 500 rose each month. Investors tend to believe that the most recent results are what will happen in the future. But that can be dangerous. Warren Buffett has famously said investors should be "fearful when others are greedy and greedy when others are fearful." So betting on a continuation of that low volatility was inevitably going to be a losing bet, at least eventually.

1/26/2018

Validea Hot List

Looking at a Potential Value Rebound

It may be hard to remember, but at one point more than a decade ago, value stocks were in favor. Since, then growth stocks have dominated, led by the FAANG stocks. But the catalyst the could change things could be coming soon. Our latest newsletter explores the current situation with value, and why things might be changing.

1/12/2018

Validea Hot List

Lessons From 2017

Despite lots of talk about the bull market nearing its end and signals pointing to a correction in the near-term, stocks were up strongly in 2017 and have continued those gains this year. But just because things have gone smoothly for the market, that doesn't mean there aren't lessons to be learned. In this week's newsletter, we take a look at some of them.