…underlying complexity of trading options and other derivatives inside the fund, but the number of issues that you have to consider as an investor. For example, the cap and the…
…to 28.4 for the S&P 500. That’s right, a full 60.8 percent of the companies in ARK are losing money. That makes some sense because many of these companies are…
…fund managers in both the percentage of funds that underperformed and the magnitude of the underperformance. I will say that the numbers are a little biased because all three indexes…
…that invests in convertible bonds. Convertibles, or converts, are bonds issued by companies that can be converted to the company’s stock under certain conditions. Next, we see the yields for…
…a list of the largest 500 companies, but a curated list of stocks chosen by the index committee at Standards & Poor’s. Most of the differences between the index and…
…1.5 percent per year. Some of the replacement funds were more expensive. In a different, more common asset class, the fund we used was 0.15 percent and the new fund…
…trade unwound (click here for my article). Prior to the selloff in Valeant, it was more than seven percent of the fund. The 13D Activist fund explicitly buys and sells…
…called a closed-end fund that has a fixed number of shares and trades in the market. The prices often trade at a premium or discount to the stated value of…
…a love-hate relationship with Morningstar. I love the data and some of the commentary, but the star-system oversimplifies complex information that promotes short term investing and performance chasing. Buyer beware….
…the company. The implication is obvious: small companies have outperformed large companies. The largest (and most familiar) stocks have the worst performance and the smallest companies are heads and shoulders…
