One major impact from Russia’s invasion of Ukraine has been to pour fuel on the fire of rising commodities. And, as we are often reminded during crises, it’s difficult to see around every corner, and predict corollary impacts from resulting volatility.
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As the calendar flips to 2022, we wanted to offer a quick look back at some of our most popular blogs from the prior year. They cover issues that are still salient today. Below you’ll find prior blogs on the emergence of meme stocks, the unusual dominance by large cap stocks, and the story of our...
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Risk is a hot potato. (In more ways than one.) We can’t talk about risk until we define it and give it context.
YODA from Star Wars said, “Named must your fear be before banish it you can.”
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Some portfolio managers shy away from the difficult questions. Not the team at Prospector Partners:
It’s not easy for a stock to make it into a Prospector portfolio. In short, making it into a Prospector portfolio is a long, rigorous process … as it should be for any active manager. While no stock arrives at this destination through the exact same course, we strove to give interested prospects...
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Cases of whiplash must have spiked lately. In a few short months, market commentators have abruptly transitioned from: “inflation is transitory” to “inflation might be more persistent” and now “prepare for stagflation!”
So what’s behind the change in sentiment?
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Small cap stocks enjoyed a brief leadership position over large caps as the U.S. emerged from the recession, but the rotation has been short lived. Large caps have come into favor again, resuming a run of dominance that was in place before the pandemic.
A couple of charts below show how unusual the...
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Banks are on pace for their biggest year of M&A activity, in terms of dollar volume since the financial crisis, confirming one of our investment theses for the industry. And we expect the spate of deals to continue, as several factors drive consolidation among small- and mid-sized banks.
As the...
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Real estate developer China Evergrande has been a source of volatility in recent weeks, as the market gauges the economic fallout if the company defaults on its debt and the government doesn’t step in to help the struggling firm.
Like any investor, we hope the company’s problems are not a source of...
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Stocks recovered quickly from initial fears about COVD-19 and have continued to climb higher for the better part of the last year and a half. But volatile moments such as last week, when the S&P 500 registered its largest intra-day decline since January, serve as a reminder that a strategy’s...
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