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Damien Cleusix

Fasten your Seat Belt

Why we have never felt more bearish in our 25 years career The background: · The US stock market is more overvalued than it has even been ( https://research.nava.capital/market-valuations/) which in itself has little influence on short-term market gyrations. To this we must add that the Grantham behavioral
Mar 25, 2022 5 min read

Biotech, Panic is in the Air!

As you probably know by now, one of our strategy, the Sentinel Gurus US [https://research.nava.capital/us-sentinel-an-introduction/], uses the holdings of more than 100 managers to create the universe on which we run our quantitative screens. The methodology looks like this: For most of the rest of this
Mar 10, 2022 6 min read
Market Valuations: Do they Still Matter?
market valuation

Market Valuations: Do they Still Matter?

“Price is what you pay; value is what you get.” B. Graham “In the short run, the market is a voting machine, but in the long run it is a weighing machine.” B. Graham “Value investing is at its core the marriage of a contrarian streak and a calculator.” S.
Sep 21, 2020 8 min read
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