By Barbara Friedberg Short selling is a strategy where an investor borrows shares of stock or other asset from a stock broker that is expected to drop in price. Then, after the decline, the investor buys the shares at the lower price and pockets the profit, after expenses. Typically, it’s a strategy for sophisticated investors. […]
By Joshua Franklin, Aparajita Saxena “Slack’s direct listing is an inherently less expensive way of going public, but what it really comes down to is speed,” said Daniel Lugasi, a portfolio manager at Florida-based VL Capital Management. Venture capital firms that have invested in Slack are “looking for an exit and with the rapid growth […]
By Brian O’Connell “Toyota’s in-line earnings announcement on Nov. 6 shows that the company is still very well-positioned in terms of scale and being one of the low-cost producers in the auto industry,” says Daniel Lugasi, a portfolio manager at VL Capital Management in Winter Park, Florida. “The company continues to return cash to shareholders […]
By Barbara Friedberg U.S. stocks are a favorite of Daniel Lugasi, portfolio manager at VL Capital Management in Winter Park, Florida. “For those investing in the U.S., we tend to favor a core and explore strategy. This approach allocates most of one’s assets to large-cap U.S. stock index funds with the remainder going into a […]
By Rebecca Lake Even though the gaming sector made a strong showing in 2018, several gaming stocks are delivering deep discounts for value investors. Daniel Lugasi, founder and portfolio manager at VL Capital Management in Winter Park, Florida, points to EA as a go-to choice. “The stock is currently trading at a forward price-to-earnings ratio […]
Investment management fees are typically charged as a percentage of the total account value and can range from 1% to 2%. What many investors fail to realize is that embedded fees can drive the true cost of money management upwards of 3%. These embedded fees are typically associated with investment products such as mutual funds […]
By Karl Kaufman Is the stock overvalued? Is there room for growth? Daniel Lugasi: While many investors will focus on the sky-high P/E ratio of Netflix to determine whether the stock is overvalued, the better measure is to look at the company’s EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) multiple vs its peers. Netflix […]
By Kayleigh Kulp The assets you buy and metrics you use, such as dispersion, also play into the equation, says Daniel Lugasi, portfolio manager at VL Capital Management in Orlando, Florida. Dispersion refers to the difference between the best and worst performers in an index. When dispersion is high, active managers that pick stocks tend […]
By Jeff Brown “If one were to invest in a long-short fund, there are many considerations to take into account,” says Daniel Lugasi, portfolio manager at VL Capital Management. “First, and foremost, it is crucial to examine the firm’s performance track record. A five-year track record for a strategy is the bare minimum that should […]
by Kayleigh Kulp Because of such low prices of some retail stocks, investors should be weary of “value traps,” said Daniel Lugasi, portfolio manager at VL Capital Management. “We believe the most insulated retail companies are those that offer a differentiated service than a company such as Amazon, can provide,” he noted, pointing to TJ […]
While the principles of investing are actually not that complicated, few individual investors have a solid understanding of them. This is largely because investing is not taught as a basic academic subject, which is unfortunate because it leads to poor financial decisions by a large number of people. In this brief overview we will cover […]
By Jeff Brown “With the S&P 500 index trading at a current (price-to-earnings ratio) of around 26 times current earnings, and a historical average being 16 times current earnings, U.S. stocks are trading at elevated valuation levels,” says Daniel Lugasi, portfolio manager at VL Capital Management in Orlando, Florida. “Despite this, we have still been […]
By Kayleigh Kulp Invest in the familiar. Professional asset managers are equipped with specialized knowledge about specific industries – it’s what they do all day. They also use complex algorithms to make their investments in the stock market and ensure they are buying stocks at a good price. Because you don’t do that, “stick with […]
By Jeff Brown “The process of shorting a stock can become very costly and therefore it is prudent to only hold shorts for a minimal amount of time,” says Daniel Lugasi, portfolio manager at VL Capital Management in Orlando, Florida. Risk versus reward for shorting is “extremely unbalanced,” Lugasi says. “The maximum gain on a […]
By Brian O’Connell For financial advisors, smart beta ETFs like RSP make a lot of sense for investors, provided fees are kept in check and the smart beta component used intelligently, says Daniel Lugasi, portfolio manager with VL Capital Management. Lugasi says the burgeoning success of smart beta ETFs “shows the power of systematically exploiting […]
Daniel Lugasi of VL Capital Management says he’s looking out for the next recession but it won’t happen just this year. Watch the Full Video
By Brian O’Connell “The trend toward ETF investing will increase returns for active managers as the spread between the intrinsic value and market value of securities widens. Thus, there will be less active managers seeking abnormal returns, thus more opportunities for those that are consistent stock pickers,” explained Daniel Lugasi, a portfolio manager at VL […]
By Charles Bovaird Unfortunately, online lenders may have a hard time bringing down the default rates that are causing these performance problems, market analyst Daniel Lugasi told Investopedia during an interview. “The only way for online lending platforms to lower default rates is to make credit standards more stringent for applicants,” said Lugasi, portfolio manager […]
Daniel Lugasi of VL Capital Management says the Jose Cuervo IPO is coming at a time of greater uncertainty. Watch the Full Video
Index investing by way of exchange traded funds (ETFs) and mutual funds has grown from a $500 million industry in the 1980s to a $4 trillion industry today. As of late, there has been a significant amount of conjecture about what this means for the future of investing and as a result we would like […]
By Brendan Hilliard Daniel Lugasi, president and founder of VL Capital Management, echoes this saying that trends in recent years have shifted in consumption to high-end tequila varieties while lower quality, mixed tequila shipments have remained flat. Lugasi, whose firm specializes in quantitative equity investing primarily driven by in-house computer systems, says that data from […]