by Aptus PM Team | Jun 2, 2020 | Equity Research, Process Papers
We do NOT believe that stocks are created equal. Product cycles, management priorities, and ability to adapt all contribute to the relative success or failure of one business vs. another. Download Here
by Aptus PM Team | May 30, 2020 | Blog, Fixed Income
The mathematics of compounding: big losses are essentially ALL that matter to your rate of compounding, not the small losses—and not even the big or small gains. The big losses literally destroy your geometric returns and, equivalently, your wealth, through what I...
by Aptus PM Team | May 28, 2020 | Blog, Equity Research
“To resist change is like holding your breath – if you persist, you will die”. Lao Tsu It seems no style of investing has a more dogmatic, rear-view mirror approach than classic value investing. Even the word “value” is a loaded term that is self-evident, and its...
by Aptus PM Team | May 14, 2020 | Market Updates
Here Is What We Are About to Tell You in More Detail Below: We currently sit with reduced traditional bond exposure and cheap equity exposure so we can own more stocks and more hedges. Owning more stocks should offer greater upside potential within our risk...
by Aptus PM Team | May 13, 2020 | Blog, Equity Research
Don’t Fall into a Value Trap! The core tenet of many value investing strategies is often mean reversion. Simply put, this is when managers bet that bad things will improve – that the poor fundamentals of a company won’t last. During a period of...
