Nir Kaissar

Companies may also have a strategic incentive to internalise cost surges, given competing considerations of volume and margin.

The surprising tariff lesson buried in inflation data

The higher the inflation, the more likely businesses are to absorb most of the higher cost, at least in the near term, and vice versa

People don’t think about risk much in a rising market. And when they do, they don’t focus enough on the essential question: How much of my money will evaporate in a crisis? The answer is more than you probably think.

Now is the time to ask: How much market risk can you take?

NOW that the stock market has momentarily stabilised from the shock of President Donald Trump’s “Liberation Day” tariffs, investors have an opportunity to reflect on how their portfolio held up during...

The quality of small public companies — those similar in market value to the businesses that predominate private markets — has deteriorated significantly.
WEALTH & INVESTING

The US stock market is becoming a dumping ground

It is evolving into a place for businesses that are too weak to attract private capital

A view of the Frankfurt Stock Exchange. Investors should think twice about abandoning international markets. A more reasonable approach is to track the global stock market using low-cost index funds.
WEALTH & INVESTING

Global diversification has disappointed; don’t give up on it

After an incredible 15 years for US public and private equities, investors shouldn’t count on history repeating

It’s harder now to find overlooked stocks as anyone with a smartphone has free access to extensive markets and financial information.
OPINION

Stock funds can be difficult to compare. Try this

THE holy grail of stock investing is buying great companies on the cheap. Stock picker Peter Lynch plied a variation of that strategy to fame and fortune in the 1980s using his so-called PEG ratio. It...