Joel Tillinghast is not a household name, even among active investors. He should be. Tillinghast is the manager of the Fidelity Low-Priced Stock Fund, and he’s beaten both the S&P 500 and the Russell 2000 by 4% per year since 1989. And while 4% might now sound like a large number, it makes an enormous...Read More

Cambria Investment Management’s Meb Faber has always done excellent research. I read his first published book, the Ivy Portfolio, years ago and keep a copy in my office.  Ivy did a lot to change my views on alternative investments, which I now use extensively in my practice. Faber rarely tries to reinvent the wheel. In...Read More

I use the research site GuruFocus almost daily. It’s my go-to source for fundamental stock research, and the screeners and graphing tools alone would be well worth the subscription cost. So, I was thrilled to find out that GuruFocus founder Charlie Tian, PhD recently authored a book, Invest Like a Guru: How To Generate Higher...Read More

Timothy McIntosh is a man after my own heart. The Tampa, Florida-based portfolio manager and financial planner dedicated an entire book —  The Snowball Effect: Using Dividends & Interest Reinvestment To Help You Retire On Time – to expand on one of my very favorite topics: the compounding effects of dividends. As the title suggests,...Read More

Once in a long while, you come across a research paper that fundamentally changes your thinking on a subject. Well, I had one of those moment years ago the first time I read Charles Ellis’ paper “The Loser’s Game.” In the paper, Ellis uses tennis as an analogy for investing. Professional tennis is a “winner’s...Read More