EXCELSIOR Financial Editorial – april 2021

Bad year for hedge funds It was only two months ago that we wrote about hedge funds suffering big losses after markets when against their leveraged bets.  Well, it has happened again and the losses this time have led to a huge destruction of wealth. Last week Archegos...

EXCELSIOR Financial Editorial – march 2021

Time for value stocks to shine? Will the long running story finally come true?  Will value stocks outperform growth stocks this year and beyond?  After underperforming growth for most of the last 15 years, value stocks have outperformed growth stocks so far this...

EXCELSIOR Financial Editorial – february 2021

Going to the moon 🚀 GameStop (GME), short squeeze, hedge funds, these are some of the terms you may have heard this week even if you weren’t following financial news closely.  It’s the story of a stock pushed by retail investors to go to the moon (as they say).  With...

EXCELSIOR Financial Editorial – december 2020

Just getting started: After the Dow Jones hit the symbolic 30k point in November and had its best month since 1987, is it time to take some risk off the table?  While it would make some sense to do so, many will argue stock markets are not done yet.  There only seems...

EXCELSIOR Financial Editorial – november 2020

Is it time to reassess our view on bonds? Recently Ray Dalio the founder of the world’s largest hedge fund firm said that he didn’t like bonds in a portfolio.  He argued that they were too volatile for the low yield that they offered by explaining that one day’s price...