In December 2021 we wrote an article with the title “US Market Valuations: Looking down the Abyss!” where we came to the conclusion  that the US S&P 500 was unlikely to generate positive real total return during the next 10 years. The article can be found on LinkedIn

The NAVA Toolbox allows to quickly perform standard financial analysis on time series

"We continue to make more money when snoring than when active." Warren Buffett "Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves." Peter Lynch "In the financial markets, hindsight is forever

"In the longer run and for wide-reaching issues, more creative solutions tend to come from imaginative interdisciplinary collaboration." Robert Shiller In this post we will tackle the subject of passive equity investing and how we think it can be improved. To do so we will present our enhanced

In 2005, S&P came up with a new index they called the S&P 500 Dividend Aristocrats index. To be included, a member of the S&P 500 must have increased its dividend payouts for at least 25 years and a minimum market cap of USD

I was a pure fundamental stock picker during the first 8 years of my career. During those years I also worked as a strategist  for one of the largest bank in the world. I believed that at the macro level markets were sufficiently inefficient that systematic quantitative models could give

Investment Philosophy: Combining Good Ideas Differently Investing has a lot in common with biology. Life has endured for billions of years under changing and sometimes very hostile conditions. This was possible due to the uncanny capacity of biological forms to select and combine the characteristics that best guaranteed its survival.