…the reason that investors appear to pay attention to the ratings is that fund companies are happy to promote their rankings, when they look good. Consider this advertisement from Janus….
…short: Myron Scholes knows more about investing than just about anyone, especially me. But that doesn’t mean I would invest with him. After a few decades in academia, Scholes understandably…
…true too: stocks that have underperformed in the recent past tend to underperform over the short run. Just as researchers split the market into deciles to understand how different company…
…writing about small cap, but the same thing applies to our other strategies like value, momentum and quality, which is why we diversify across strategies in the US and overseas….
…that the largest competing index fund, which won’t be adding mainland Chinese stocks, isn’t performing as well as Vanguard’s emerging markets fund, so we can say with confidence that Vanguard…
…invest in the bond market, and the drawdown history (shown in yellow) is quite different than for stocks or commodities. Bonds have endured losses, but nothing like stocks or commodities.…
Some things are easy to measure, like the internal costs of a mutual fund or exchange traded fund (ETF) or how much we spend in commissions at our custodian to…
…important to understand them because they really do matter. First, it’s important to understand them in order to avoid them. Investors are constantly being bombarded with new information from every…
…subject to the federal estate tax (states have many, varying rules) is 40 percent. There is another rule related to capital gains that applies to many taxpayers at the time…
…deals like this one are not included. Being Warren Buffett has some real advantages when it comes to deal making, and he’s rightly not shy about making use of them….
