Thank You
To Our Readers,
In the spirit of Thanksgiving, we wanted to express our sincere thanks to all of you. We are grateful for your continued support, feedback, and engagement over these last 12 months. It is our belief that through rigorous research, intellectual honesty, constructive debate, and humility, great ideas can and will be uncovered, and our community of readers represents this belief in action.
We also wanted to take this opportunity to share our most read research articles from the year.
Verdad’s Most Read Research Articles from the Past Year:
Every year at this time, we share the links to our most popular research pieces from the last 12 months.
Our most read piece of the year was “Private Equity Fundamentals,” in which we took an in-depth look at how recent private equity IPOs have performed financially as rates have risen.
Our second most read piece was “Where Are All the Defaults?” In this piece, we looked at why rising rates haven’t been accompanied by rising defaults in high-yield bonds.
Our third most read piece was "More Bang for Your Buck," in which we showed that European small-caps offered higher quality at lower prices than US small-caps. Brian recently did a podcast on this research piece, which you can listen to here.
Our fourth most read piece was "Private Equity Operational Improvements," which studied whether private equity firms add value by improving the financial performance of their portfolio companies.
And, finally, our fifth most read piece was “An Update on the Stock-Bond Correlation,” which looked at why stocks and bonds have been more correlated since inflation spiked.
Thank you again from all of us at Verdad. We look forward to another year of research and discussion!
Yours,
Dan Rasmussen