Page 18 - Rob Arnott News Today

10 Tuesday AM Reads Happy weed day! My Two-for-Tuesday morning train WFH reads: • Unemployment Is High. Why Are Businesses Struggling to Hire? If this apparent labor shortage persists, it will have huge implications for the economy in 2021 and beyond. It could act as a brake on growth and cause unnecessary business failures, long lines at remaining businesses, and rising prices. (Upshot) see also Shifting Balance of Power? I suspect it is something broader, more than ...

~~~   BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest. His name is Rob Arnott and he is the Chairman and Founder of Research Affiliates, a firm who essentially patented the concept of fundamental indexing, pretty much they invented it, and I know Rob for a couple years. He was on the show in 2018 and his office just cranks out so many fascinating research pieces, hence the name Research Affiliates that after you read the third or fourth thing ...

April 19, 2021 10:30am by Barry Ritholtz     How can an entire sector consist of companies all of which are priced as if they will soon dominate their industry? That describes the Electric Vehicle (EV) sector —  not just Tesla — and it has become a “ big market delusion.” The phrase was coined by Brad Cornell, a professor at UCLA and at Caltech, and referenced in a recent research piece by Rob Arnott, Research Affiliates (RAFI) founder and chairman. Arnott note...

160 Years of Risk Management April 13, 2021 10:00am by Barry Ritholtz   How do you manage through social and technological disruption over a century and a half? If you are John E. Schlifske, CEO of Northwestern Mutual, you build on your strengths while improving any weaknesses. That is his explanation as to how the 160-year old firm has underwritten over $2 trillion in life insurance, and has another $300 billion in client assets. Schlifske discusse...

Good morning, it’s Tuesday, April 13, 2021. Seventy-four years ago today, the Brooklyn Dodgers finished the preseason by completing a three-game exhibition series with the New York Yankees. The history books say that baseball’s color barrier was broken on April 15, 1947 -- opening day. But for the man who broke it, Jack Roosevelt Robinson, it began four days earlier, on April 11, in the first of the Dodgers’ exhibition games against the Yanks. I’ll explain in a moment. First, though, a ...

  This week, we speak with John E. Schlifske CEO of Northwestern Mutual. The 160-year old firm underwrites over $2 trillion in life insurance, and has about $300 billion in client assets; they are ranked #102 on the Fortune 500. Schlifske joined Northwestern Mutual in 1987 as an investment specialist, and climbed through the ranks, becoming CEO 11 years ago. The firm announced a record $6.2 billion dividend in 2021. We  discuss how he began scraping paint off of trucks for his father’s sma...

Restaurant wining and dining is back in the Bay Area. But please dont BYOB Restaurant wining and dining is back in the Bay Area. But please dont BYOB Why bringing your own wine bottle to a restaurant right now is just rude, in this weeks Drinking with Esther newsletter FacebookTwitterEmail A selection of Italian wines at Uva Enoteca in the Haight, seen in February 2020 before the pandemic.Carlos Avila Gonzalez / The Chronicle 2020 Lately, I’ve been returning to a ritual that I’d practiced o...

by Tyler Durden Update 3/17/2021 1245EST: VW OVERTAKES SAP AS LARGEST DAX MEMBER AMID ELECTRIC-CAR PUSH -- It was inevitable that  some reversion to the mean would have to happen between names like Tesla and, well, the rest of the auto industry. While Tesla shares are lower on Wednesday in early trade, VW might be the leading frontrunner to meet the mean from the other direction. Shares of VW common and preferred have continued to scorch higher, adding to yesterdays gains.  This extends yest...

Premium Content Volkswagen Shares Soar As It Declares War On Tesla By ZeroHedge - Mar 16, 2021, 11:00 AM CDT Look out, Tesla. There could be another mainstream FOMO electric vehicle stock coming. VW common shares soared as much as 29% this morning - the most since the companys historic 2008 short squeeze - and VW preferred shares were up 6% after the company upgraded its profit guidance laid out plans for expanding the companys EV offering out through 2030 which also includes dethro...

After too many years in financial markets I’ve realised its themes and narratives, rather than the actions of central bankers, or the ebb and flow of interest rates, that dominate the sentiment that drives markets. I can talk all day about how the Fed distorting interest rates by a few basis points will have enormous consequences on the relative value of stocks versus bonds, or fuel a junk bond feeding frenzy, but all it takes is one clever analyst to proclaim a “disruptive” new concept. ...