under the radar

Every conversation eventually circles back to the same handful of mega-cap technology stocks. Investors spend hours debating artificial intelligence, data centers, semiconductors, and whether the latest trillion-dollar company is actually worth only $900 billion. Financial television treats the S...

The greatest edge in investing has never been access to information. The internet solved that problem years ago. We are drowning in information. Earnings calls, SEC filings, podcasts, newsletters, social media threads, television panels, and enough market commentary to fill a warehouse every week....

For this edition of Under the Radar, I want to take a look at a small-cap value fund that embodies many of the principles we discuss regularly in these pages. It is a fund built on patience, discipline, balance sheet analysis, and the willingness to look wrong for stretches of time while waiting...

The crowd has spent the last two years obsessing over interest rates, work-from-home headlines, and the supposed "death" of real estate. That has created exactly the kind of environment long-term investors should learn to love. When an asset class moves from euphoria to neglect, prices adjust,...

The temptation to "fix" a great strategy is almost irresistible. Every week I run new backtests and analysis on a small-cap deep value approach to picking stocks. The results are spectacular over the past 26 years. You run a backtest like this, you see a 24% to 25% compound return over nearly three...

Most of the ETF market is designed for one thing: convenience. You get broad exposure, low fees, and something that closely tracks whatever benchmark you've decided to follow. It works. It scales. And over time, it produces results that look very similar to everyone else's. That's the trade-off. If...

There is a tendency — especially among the nattering nincompoops of the internet — to declare Hong Kong finished. The headlines write themselves: Political change Capital outflows Office vacancies Persistent skepticism It creates a simple narrative: decline. That is not analysis. That is...

There is a certain comfort in owning what everyone else owns. It makes for easy conversations.Easy justification.And it creates the illusion of safety when your portfolio looks like everyone else's. The problem is that it also produces very average results over time. You are outsourcing your...

One of the most persistent myths in investing is that you have to choose between growth and income. If you want strong earnings expansion, the conventional wisdom says you buy companies that reinvest every dollar and pay little or no dividend. If you want income, you settle for slower-growing...

Most investors spend their time looking exactly where everyone else is looking. They read the same Wall Street research reports, track the same institutional money flows, and chase the same large-cap growth stocks that dominate financial headlines. Sometimes that approach works. But it also means...

International small caps have always been one of the most underappreciated hunting grounds in equity markets — especially outside the United States, where most investors rarely look. While capital crowds into the same handful of mega-cap narratives, thousands of smaller companies across Europe,...

Wall Street has a short memory. When a new idea captures institutional imagination — momentum algorithms, ESG mandates, artificial intelligence narratives — older disciplines are quickly dismissed as relics of a simpler time. Price-to-tangible-book-value investing has taken more ridicule than most...

It seems almost out of line to talk about renewable energy at a time when the political environment in the United States feels, at best, unsettled. If you make your living trying to forecast politics, you are braver than I am. Politics change quickly, narratives flip overnight, and energy policy...

Benzinga's Growth Ranking is one of those simple tools that can quietly change how you hunt for winners, because it forces you to do 2 things most investors claim to do but rarely execute with discipline. It makes you define "growth" with a rules-based framework, and it makes you search where the...

If you are tired of paying a premium for "quality" and equally tired of fishing in the bargain bin for junk, there is a simple way to stack the odds in your favor when hunting global stocks. You screen for cheap first. Then you insist on financial strength. And you do it with rules that keep your...