Time to get out the popcorn…Not
Whoever wins the White House, the song remains the same at New Constructs: diligence matters.
David Trainer, Founder & CEO
diligence
David Trainer, Founder & CEO
“It is the sovereign privilege of a free citizen”
The meme stock frenzy highlights the lack of reliable fundamental research, which creates a vacuum for mis-information.
David Trainer, Founder & CEO
That Which We Obtain Too Easily…
We are witnessing a world where more people are throwing themselves into confirmation traps than anything I’ve seen since the tech bubble.
David Trainer, Founder & CEO
ICYMI: The Secret Metric Webinar Replay, Gems From Filing Season, #1 Stock Picker Again, The Value Investing Accelerator, & Model Portfolio Updates
Here's what happened at New Constructs this past week.
Hakan Salt, Associate Investment Analyst
ICYMI: Wall Street Needs AI to Analyze 10Ks, Value Created for Clients, and Model Portfolio Updates
Here's what happened at New Constructs this past week.
Hakan Salt, Associate Investment Analyst
WeWork Saga Reaches Its Only Rational Conclusion
The saga of WeWork, which we called The Most Ridiculous IPO of 2019, reached its logical (to those that analyze fundamentals) conclusion.
Kyle Guske II, Senior Investment Analyst, MBA
New Distribution Partner: APEX Clearing
We’re proud to announce that we have established a referral partnership with APEX Clearing to offer a new paradigm for fundamental data and investment research.
David Trainer, Founder & CEO
Podcast: Why Passive Investors Are In The Danger Zone
CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: The Hidden Dangers of Passive Investing.
Kyle Guske II, Senior Investment Analyst, MBA
100% Operational Despite COVID Lockdowns
COVID-19 is not disrupting our data collection and research. Our Robo-Analyst is more effective than ever.
David Trainer, Founder & CEO
Prepared & Here To Help – When It Matters Most
We have not experienced any disruptions thus far and do not anticipate any operational issues in the future.
David Trainer, Founder & CEO
Here for You – When It Matters Most
Despite all the disruptions, New Constructs is fully operational and here for you when you (and your portfolios) need us most.
David Trainer, Founder & CEO
This New Long/Short ETF Finds Great Fundamental Value
This ETF follows a more comprehensive analytical process, which looks beyond traditional metrics, and studies footnotes to identify value.
Sam McBride
Leveling the Playing Field for Investors: TD Ameritrade Integrates New Constructs Research
New Constructs provides TD Ameritrade clients with the sophisticated fundamental research that Wall Street insiders use to understand the true profits and valuation of companies and stocks.
David Trainer, Founder & CEO
A Primer on How To Define and Fulfill the Fiduciary Duty of Care
Despite the lack of regulatory guidance for fulfillment of the Duty of Care, there is plenty of common-sense guidance from thought leaders. They all agree that research that fulfills the Duty of Care should be comprehensive, objective, transparent, and relevant.
Sam McBride
Hidden Trigger For Another (Flash) Crash: Passive Investing
When the investment process makes no effort to differentiate winners from losers, there is no diligence, no intelligent capital allocation, and, eventually, no efficient market.
Kyle Guske II, Senior Investment Analyst, MBA
Fiduciary Rule Delayed, But Its Impact Remains
Despite over 92% of the 193,000 comment letters opposing delay, the Department of Labor’s Fiduciary Rule has been officially delayed until June 9. No matter the legalities, investor awareness is higher.
Kyle Guske II, Senior Investment Analyst, MBA
Diligence Will Matter More Than Ever In 2017
Uncertainty defined 2016. In the midst of all the uncertainty, investors grew more and more aware of the need for real diligence. Market conditions, changing investor behavior, and new technologies all come together to make diligent research matter more than ever.
Sam McBride
Filing Season Finds: Wednesday, March 15
From yesterday’s research, analysts parsed 51 10-K filings and collected 6,534 data points. In total, they made 1,064 forensic accounting adjustments with a dollar value of $37 billion. Analyst Lindsay Bohannon found an unusual item yesterday in Pzena Investment Management’s (PZN) 10-K.
Sam McBride
Fed Watching Can Be A Costly Distraction
Investors agonizing over the Fed should focus their efforts elsewhere. Instead of guessing where interest rates will go, read some of the thousands of annual 10-K reports that have come out in the past month.
Sam McBride
Filing Season Finds: Tuesday, February 28
Yesterday, our analysts parsed 125 filings and collected 17,650 data points. In total, they made 2,921 adjustments with a dollar value of $599 billion. In particular, analyst Allen L. Jackson found an unusual item yesterday in Allegheny Technologies (ATI) 10-K.
Sam McBride