MasterChef of Investing. In the popular TV program MasterChef, contestants face a series of cooking challenges. From low quality ingredients to inadequate preparation and poor implementation, so many things can, and do, go wrong. It’s a bit like investing. Read More.
CAPE Fear: Valuation Ratios and Market Timing As broad market indices such as the S&P 500 have set new record highs in recent weeks, many investors have become apprehensive. They fear another major decline is likely to occur and are eager to find strategies that promise to avoid the pain of an extended downturn while preserving … Continue reading
Connecting the Dots Human beings love stories. But this innate tendency can lead us to imagine connections between events where none really exist. For financial journalists, this is a virtual job requirement. For investors, it can be a disaster. Read More.
Market Beaters - DFA Featured in Barrons Who says the markets are efficient? Using an investment strategy built around the pioneering work of Nobel Prize-winning economist Eugene Fame, Dimensional Fund Advisors (DFA) has delivered astounding results. Read more.
Many Happy Returns It’s that time of the year when the talking heads of television and the prognosticators of print issue their sage outlooks for the coming 12 months. While this crystal ball gazing is always entertaining, it becomes even more so a year later. Read More.
Riding Emerging Market Tigers Many investors fell for emerging markets in recent years when they delivered sizeable returns. More recently, the associated risk has reasserted itself and the infatuation has faded. What’s the right approach? Read More.
The Art of Letting Go In many areas of life, intense activity and constant monitoring of results represent the path to success. In investment, that approach gets turned on its head. Read More.
Betting Against The House Markets have 101 ways to remind us of Nobel laureate Merton Miller’s observation: Diversification is the investor’s best friend. Read More.
We are dieticians, not butchers Confused by what the difference is between Fiduciaries and Brokers? This two minute video is the best explanation we've come across.
84% of Actively Managed U.S. Equity Funds Underperformed Their Benchmark in 2011 NEW YORK, March 12, 2012 /PRNewswire/ -- Findings released today by S&P Indices for its full year 2011 S&P Indices Versus Active Funds Scorecard (SPIVA) show that approximately 84% of actively managed U.S. equity funds underperformed their relative S&P benchmark in 2011. Over … Continue reading