The Games Funds Play
When “High Yield” funds are not.
Rekenthaler Report
Do Fund Companies Have a Duty to Pass Along Economies of Scale?
Yes in theory, no in practice.
The Moral Hazards of Banking Keep Increasing
No size, it seems, is now too small to fail.
Will ChatGPT Improve Financial Literacy?
The program has glitches, but also potential.
The Politics of Social Security Reform
Are meaningful changes possible?
Index Funds’ True Advantages
They reduce both tax bills and bad investment decisions.
How to Balance Social Security’s Books
There may not yet be a will, but there are ways.
Are Option-Income Funds Here to Stay?
A long-term prediction for this year’s fund darlings.
How Closely Do Index Funds Track Their Benchmarks?
Sometimes very tightly, sometimes not.
Are Hedge Funds Now Worth Considering?
In 2022, they delivered on their promises.
Should Fidelity Investors Just Index?
Assessing the quality of the company’s actively managed funds.
How Much Portfolio Insurance Do You Need?
Protecting against risk that cannot be quantified.
Which Type of Dividend Fund Do You Prefer?
They may carry the same name, but not the same investment approach.
Active Management’s 2022 ‘Triumph’ Is a Mirage
Dunn’s Law reveals the true story.
Are Dividend Funds All That?
Looking closely at today’s investment darlings.
The Small Advantage for Active Fund Investors
Today’s shareholders benefit from changing investment habits
What to Know About Small-Value Funds
Should investors just index?
All-Weather Stock Funds Do Exist
Unfortunately, almost nobody owns them.
Long TIPS Are Wacky
The defense against high inflation benefits from … low inflation?
Tesla: A Stock for Our Times
The company’s shares illustrate the market’s past excesses—and, perhaps, its future promise
United States