Larry Swedroe

My Substack column today Is Fund Size Growth in Private Equity a Red Flag? larryswedroe.substack.com/p/…

My Substack column today is Private-Market “Tax Alpha”: A Useful Framework, but Not a Free Lunch larryswedroe.substack.com/p/…

My Substack column today examines research on What Do We Really Know About Private Fund Performance? larryswedroe.substack.com/pu…

My Substack column today reviews research on When Machine Learning Meets Q-Theory: What “AI-Q-Factors” Teaches Us About Measuring Profitability and Investment larryswedroe.substack.com/p/…

My Substack column today dives into new research on private credit. Market Knows Best: The Not-So-Hidden Risks of Private Ratings larryswedroe.substack.com/p/…

And here's look at Cliffwater's Extended Credit Fund Might compare the returns to public markets like Total Bond Fund or Ag. Huge outperformance despite higher expense ratios, and no duration risk either, and limited economic cycle exposure.

While media reports a crisis in private credit liquidity, facts say otherwise. Chart shows repayments quarterly, with only 5% redemption mandate. Then would add in any new purchases.

Here's another on private credit as diversifier as well as income producer

My latest Wealth Management article is on Risks to AI Capex from Overestimating Demand The sensible response is to build resilience rather than to predict. wealthmanagement.com/investi…

Re Reinsurance: $100 invested in SRRIX 1/1/23 now worth $297.21, sadly probably 2/3 of investors who owned the fund prior to that never saw those great returns having bailed out due to weak performance from 2017-22 (recency bias at work). Fund had $6b at one time, went to $1B

My new Substack column examines research on When the Market Hurts, Anomalies Heal: New Evidence on Factor Returns in Good and Bad Times larryswedroe.substack.com/p/…

Here’s link to a webinar I did for the AAII with focus on alternatives and portfolio construction aaiiaustinsanantonio.com/arc…

My Substack column today addresses Private Equity’s Long Boom: What Investors Should—and Should Not—Conclude larryswedroe.substack.com/p/…

My Substack column today reviews research on Stale Data, Fresh Problems: What “Factor Time” Reveals About the Fama-French Factors larryswedroe.substack.com/p/…

My Substack column today reviews research on Private Equity for Pension Plans? A New Look at Who Really Benefits larryswedroe.substack.com/p/…

My Substack column today is on The Case Against the Yen Bears and its implications for equity investors larryswedroe.substack.com/pu…

My Substack column today reviews research on Why Does Disagreement Sometimes Predict Higher Returns—And Sometimes Lower? Mispricing Is the Missing Piece larryswedroe.substack.com/p/…

My latest Morningstar article is Valuation Spreads Continue to Favor Value Stocks While spreads have narrowed, they still support a positive outlook for value stocks. morningstar.com/financial-ad…

My Substack column today reviews research on When “Beat the Market” Meets the Real World: An Out-of-Sample Test of an Intraday Momentum Strategy larryswedroe.substack.com/p/…