…expect that the returns for the Vanguard S&P 500 index fund (VFINX) would be around the 50th percentile when measured against its peer group. The actual percentile might shift around…
…the fund. And while the companies are small, they’re often good-sized businesses. The average market capitalization is $785 million and some of the larger holdings include brand name businesses as…
…masses and was the undisputed king of corporate computing at that time. When IBM joined Apple in the personal computing market, Apple said that they were looking forward to responsible…
…groups: cheap, neutral, expensive and ‘N/A.’ That N/A portfolio refers to companies where you can’t compute a ratio because there were no earnings, cash flow, or the company had a…
…management a year ago, and thanks to client withdrawals, they now manage $204 million in this fund. The largest fund on the list, the PIMCO All Asset Authority fund has…
…series that Morningstar compiles that attempts to figure out the actual cost of performance chasing. They look at the return of the fund compared to the returns of the investors…
…buying junky stocks that are going the problems. Over time, most companies resolve the problems and their stock prices rebound. Some companies fail, but most of the time the winners…
…was emerging research that suggested that small cap companies outperformed large cap companies (read my primer on small caps here). Back then, the term ‘small cap’ didn’t even exist. Booth…
…funds did today because the answer depends on what kind of mutual fund you’re talking about. The following chart shows six major hedge fund categories that reflect different strategies for…
…Beta is a rough proxy for risk and told you that ARKK was about 60 percent more volatile than the market. Now, here’s where the alpha comes in. Some of…
