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In May 2026, US stocks continued rising with the S&P 500 up 5.1%, while treasury rates leveled off at 4.44%. The equity risk premium (ERP) for the index fell from 4.36% to 4.31%, as higher earnings partially offset rising stock prices.

El tuit de Manuelrr muestra un análisis de actas devueltas en Lima, donde añadió una hoja con dichas actas y comparó sus votos transcritos mediante OCR (sufix_ocr) con los votos extraídos de la ONPE (sufix_api). Según su cálculo, en promedio le quedan 56,000 votos a favor de Fuerza Popular.

Tim Cook will step down as Apple CEO on September 1, 2026, ending a 15-year tenure. Aswath Damodaran's post acknowledges critiques of Cook's caution but praises his restraint during his leadership.

In April 2026, U.S. equities rallied sharply amid geopolitical turmoil, with the S&P 500 gaining 10.43%—its best month since April 2020—and the equity risk premium falling to 4.37%. The post questions whether current market optimism is justified.

The equity risk premium is a key component in corporate finance hurdle rates, valuation discount rates, and financial planning expected returns. A 2026 update of the author's comprehensive paper on ERP is now available for practitioners.

Active investing success is uncommon, and even among consistently successful investors, distinguishing luck from skill is difficult. There are also significant variations in market perspectives and investment strategies.