Ken Skarbeck

Ken Skarbeck

Investing columnist

Skarbeck has shared the writing duties for IBJ’s “Investing” column since June 2004. A lifelong Indianapolis resident, he is the managing partner of Indianapolis-based Aldebaran Capital LLC, a money management firm. Skarbeck is a chartered financial analyst and has more than 28 years’ investment industry experience. His company utilizes a value investing approach to portfolio management and specializes in seeking out undervalued investments, primarily in small and medium size companies. Skarbeck is a graduate of Brebeuf Jesuit High School and Hanover College. His hobbies are astronomy and fishing, and he is an avid Green Bay Packers fan. Skarbeck lives in Indianapolis with his wife and two daughters.

Phone:
818-7827

E-mail:  ken@aldebarancapital.com

ARTICLES

SKARBECK: Main Street is finally enjoying fruits of recovery

While recent years have been a boon to upper-income groups, evidenced by sales of luxury goods and rising stock prices, the economy now seems poised to provide a boost to the broader population.
Read More

Skarbeck: Stock market investors fare well in the long run

Steadfast investors are seeing new highs as the market indexes are now some 20 percent above the high reached in 2007 before the credit crisis.
Read More

Skarbeck: Wave of corporate spinoffs may lift shareholder wealth

Companies with two or more distinct businesses operating under their umbrella will sometimes conclude that spinning off a subsidiary into a separate company is beneficial to all stakeholders.
Read More

Skarbeck: Investment industry sees rise of the machines

The latest trend enabled by computers is “robo-advisers.” These computer-driven financial advisers are springing up to offer low-cost, automated portfolio management.
Read More

Skarbeck: 401(k) lawsuits help fuel fiduciary-duty debate

Chalk this up as one for “Ripley’s Believe It or Not!” The employees of some well-known financial firms have sued their employers for placing their own company’s proprietary mutual funds in their 401(k) plans.
Read More

Skarbeck: Hedge fund track records fail to live up to the hype

California Public Employees’ Retirement System is dumping its entire hedge fund program. The reason, according to Ted Eliopoulos, the chief investment officer, is “their complexity, cost and lack of ability to scale to CalPERS size.“
Read More

Skarbeck: A new type of index fund is gaining investor interest

Recently, financial academics, like Rob Arnott of Research Affiliates, have published white papers supporting a different type of index investing. They call their creation “smart beta.
Read More

Skarbeck: Risk measure stokes debate over merits of index funds

While the goal of many investors is to “beat the market,” it is a well-known fact that most investors (including professionals), underperform the market over the long run. Hence, the argument to buy index funds. Investors who invest in index funds accept the aggregate ups and downs (volatility) of the broad stock market.
Read More

Skarbeck: New rules could take shine off money market funds

The Securities and Exchange Commission last month approved new rules for money market funds, which require institutional “prime” money funds and municipal funds to have a floating net asset value, or NAV.
Read More

Skarbeck: Pension funds rethinking zeal for hedge fund bets

The California Public Employees’ Retirement System, the largest public pension fund in the United States, recently announced it would reduce its hedge fund investments by a dramatic 40 percent.
Read More