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Trian, General Catalyst to Buy Janus Henderson for $7.4B
Published on December 22, 2025
Trian already owns 20.6% of Janus Henderson’s shares.
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Other news
Bull Cycles
December 22, 2025
The S&P 500 is near all-time highs, leading some to question whether markets are in a bubble. A careful analysis of past bull markets suggests this is not the case. I define a market selloff as a peak-to-trough loss of at least 20% followed by at least a 10% recovery.
Sequence-of-Returns + Concentration Risk: A Case-Based Framework to Stress-Test Pre-Retiree Portfolios
December 22, 2025
Approaching retirement often brings a mix of excitement and anxiety as decades of saving meet the reality of market volatility. This article explores the "Danger Zone"—the critical window surrounding your retirement date—where sequence-of-returns and concentration risks can significantly impact your portfolio's longevity.