On last week’s Behind the Markets podcast, Jeremy Schwartz, Liqian Ren and Kara Marciscano spoke with Nick Johnson, principal at Applico and co-author of the Amazon best seller Modern Monopolies, about the future of platform businesses.
Cloud adoption is taking place across the broader economy, and we believe investors may want to make the “shift to cloud” in their portfolios. To capitalize on this trend, we are excited to announce the launch of the WisdomTree Cloud Computing Fund (WCLD), which provides pure-play exposure to fast-growing cloud-based businesses.
Recently, there has been reshuffling of ECB and broader EU leadership. In our view, these changes can be seen as a positive catalyst for European equities in 2019.
This was expected to be the year of the global economic slowdown. But the year-to-date synchronized rally in global equities has stolen the spotlight. So far, Chinese equities have been the star.
In his 2018 letter to Berkshire Hathaway shareholders, Buffett wrote that stock performance converges with business performance over time if the original purchase price is not excessive. Jeremy Schwartz and Kara Marciscano make the case for our quality dividend growth strategy, with aggregate profitability that is comparable to Berkshire’s equity portfolio and a valuation below the S&P 500.
Few topics generate as much debate as share repurchases. While buyback skeptics often paint share repurchase programs with a negative brush, we have found that shareholder yield has been among the best measures of relative value over the past ten years.