If there are five books about stock investing you need to buy, one of them is this. James P O’Shaughnessy has written a book that takes investing as close as possible to a scientific approach. It is among the earliest books to have used thoroughly quantitative methods to discover strategies that generate market-beating results. The author has assembled more than 50 years of market and...

There will come a time when emerging markets will have emerged. Has that time come?

In our November 23 issue, we had pointed out that “if the US market sneezes, the emerging market will have a large attack of bronchitis. Or so goes the conventional wisdom. Well, conventional wisdom may be wrong”. By saying that there was a permanent change somewhere, we may have sounded as if we were making a...