Profound shift from active to passive investing hasn’t derailed market efficiency.
Profound shift from active to passive investing hasn’t derailed market efficiency.
Manager sentiment and stock returns tend to have an inverse relationship.
Not all U.S. equity indexes are created equal, and Boeing’s recent troubles are a good reminder of that.
How five-year TIPS and five-year Treasuries stack up against each other.
It’s already priced in. Trust in the wisdom of crowds.
An excerpt from the author’s latest book on all the factors investors should consider for a successful and meaningful retirement.
Nearly 70% of domestic funds underperformed the broad benchmark in 2018, according to the SPIVA report.
Data suggest naive investors can have a temporary effect on factor returns.