The Paradox of Skill
Managers are better than ever—and playing on a leveled field.
Rekenthaler Report
The Academic Argument for Expensive Mutual Funds
In the end, it doesn’t wash.
The Current Danger for Stocks: Fear Itself
Tariffs sting, but panics incapacitate.
Hedge Funds Look Slightly Better This Year
But they still have not been good enough
To Index Bonds or Not?
Three considerations: income, total return, and diversification.
Intermediate-Term Bond Managers Pull Ahead
Their 10-year total return now exceeds those of index funds.
The Prediction of a New Normal, Reviewed
It was correct about the economy, but not about shareholder motivations.
When Are Stock Funds Too Big?
Morningstar’s new paper advances the analysis.
Why PIMCO’s RealPath Funds Expired
They landed on the wrong side of history.
Why Mutual Fund Regulations Matter
A look at Morningstar’s white paper on conflicts of interest.
Yes, Stocks Can Become Overvalued
But recognizing when is very difficult.
Sometimes, Investment Ignorance Is Bliss
Avoiding the temptation to know the unknowable.
Are Millennials Smarter Than Us?
With investing, the answer may be yes.
Another Strike Against Bundled Investment Sales
These “free” dinners most definitely aren’t.
Give Performance Fees a Chance
What's to lose from trying?
3 Academics Take Active Managers' Side
However, the effort does not fully convince.
The Economic Cycle That Just Won't End
Corporate behavior has played a major role in keeping the economy expanding longer.
Profiting From Investment Regret
Embracing your least-successful assets can lead to smarter decisions.
Should We Have Foreseen This Bull Market?
The future that almost nobody predicted.
America's Retirement System: Winners and Losers
The prognosis isn't worse than in the past, but it is different.
United States