The lower active share is a sign of closet indexing, which raises the hurdle for generating alpha.
The lower active share is a sign of closet indexing, which raises the hurdle for generating alpha.
Investors are expressing themselves on climate change through fund selection.
After a certain threshold, more money doesn’t necessarily help.
Investors often misunderstand how to use valuation metrics like the CAPE 10.
Why the VRP is important and how investors can access it.
Hedge funds are a drag on performance over the long run.
Looking back at what the gurus got right or wrong for the first quarter.
Seeing peers’ spending data can influence how consumers save.