Bill Gross and the Great Man theory of investing

September 30, 2014

By James Saft

(Reuters) – Judging by the Bill Gross affair, the Great Man theory is alive and well among investors.

Companies risk missing capex boat: James Saft

September 25, 2014

Sept 25 (Reuters) – Corporate America’s decision not to take
advantage of low rates and easy terms to invest in new capacity
may turn out to be a mistake of historic proportions.

The contrasting Buffett and Ma ways

September 24, 2014

By James Saft

(Reuters) – Jack Ma and Warren Buffett embody two great and contrasting businesses in finance.

Alibaba and China’s slowdown: James Saft

September 23, 2014

Sept 23 (Reuters) – Is it a) funny, b) disturbing, or c)
irrelevant that Alibaba went public at a sky-high
valuation just at the point at which the red-hot economy which
spawned it seems content to settle into a creaky middle age?

The low-vol anomaly, or doing well out of others’ mistakes

September 18, 2014

Sept 18 (Reuters) – Sometimes in life you really can get
more for less, but usually only when someone else is a) acting
foolishly, or b) taking advantage of a client.

Fed dot chart illusions: James Saft

September 17, 2014

Sept 17 (Reuters) – Like one of those old Op-Art posters
beloved of hippies, staring too long into the Fed’s dot chart of
interest rate expectations can make you see things which aren’t

China hasn’t got investors’ backs: James Saft

September 16, 2014

By James Saft

(Reuters) – (James Saft is a Reuters columnist. The opinions expressed are his own)

China hasn’t got investors’ backs: James Saft

September 16, 2014

Sept 16 (Reuters) – In a world in which investors
increasingly assume policy-makers have their backs, China may be
about to demonstrate how it can work the other way.

Never confuse risk and volatility

September 10, 2014

By James Saft

(Reuters) – Of the many lazy and dangerous ways of thinking about investment these two rank near the top: that risk equates with volatility and that risk and rewards are a straight tradeoff.

Scotland and de-globalization: James Saft

September 9, 2014

Sept 9 (Reuters) – The prospect of Scottish independence is
further evidence that the era of increasing globalization, with
all its benefits to capital, is waning fast.