The returns that are reported are not always achieved.
The idea is being floated, but seems unnecessary.
Three more black marks on the ledger.
The exception to the general rule?
There are several possible causes.
Destruction, volatility, and uncertainty.
What’s this about buy-and-hold investing being dead?
Possess capital yourself, have rivals who lack capital, and don’t be in a rotten industry.
The answer is no--but that does not mean they are bad investments.
That's not a bad thing.
Insuring against the possibility of change.
Richard Thaler's latest suggestion.
The latest fund-company missive fares no better than than its predecessors'.
Danger for some, investment opportunity for others.
Examining the four underlying principles of our process.
Today is not the new “New Era.”
Momentum strategies look more credible, and market-timing tactics even less so.
Did basketball fans see what the researchers missed?
They have been used differently than their inventors envisioned.
When emerging-markets stocks lose their spot.
The new hot thing became a long, slow fizzle.
Active managers of bond funds have a better shot at outperformance than their equity fund counterparts.
Converging style effects also hamper their chances at standing out.
The ongoing danger of confirmation bias.
Surfacing the reasons for owning long-term assets.
Perhaps, but it is very difficult to tell.
It is poised to pass its first retirement bill in more than a decade.
Why are there persistent free-lunch strategies?
Past correlations are a hazardous guide for the future.
Index funds with the tightest rivalries, wherein only a few basis points separate the group's winners from its losers, are the winners.
The left hand doesn't know much about the right.
Fees were low, then high, then low.
Over the past decade, the largest funds from the largest fund companies have performed well
If the speculation is removed, is there anything left?
How have target-date funds fared since their 2008 failure?
Will they succeed?
Strictly speaking, destruction may not be necessary, but the suggested improvements certainly are.
Morningstar's research into the sources of corporate revenues.
Additional regulations seem inevitable.
On occasion, U.S. funds have delayed redemption requests.
For the first time, competitors are starting to threaten its brand.
The observations are keener than the comprehension.
Every investor's results can be rationally explained--even Warren Buffett's.
Which asset was king?
Some might succeed going forward, but not all.
Jack Bogle set the standard.
The leader of the low-cost and index-fund revolutions probably will not be remembered for his favorite innovation.
Taking shortcuts appears to harm the sell decision.
They buy fairly well—better than they sell
How much of the past will repeat?