Latest posts
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🧭 Value Investing and Macroeconomic Risk Factors
💸 $($1$)$ Value Investing – Buying a $1$ Bill for $50$ Cents Value Investing is like thrift shopping in the stock market. You’re not buying the flashiest thing — you’re buying what’s undervalued. 📘 Book Value per Share: $\text{Book Value per Share} = \frac{\text{Assets} – \text{Liabilities}}{\text{Shares Outstanding}}$ 🔍 Value Stocks: High book-to-market ratio🚀 Growth Stocks:…
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🎢 Why Asset Prices Move: Factor Risk, CAPM, and the Great Risk Rodeo
Assets Are Smoothies. Seriously. 🍓🥬💥 Let’s start simple: an asset is like a smoothie. Looks nice on the surface, but what’s inside? Could be banana $($ market exposure $)$, kale $($ interest rate risk $)$, and chili flakes $($ momentum $)$. You can’t just say “I bought Apple stock”—you’ve bought exposure to a dozen hidden…