This week, I speak with Charley Ellis — Chair of the Yale Endowment, Vanguard Board member and founder of Greenwich Associates. This is...
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I am off to Hollywood (Florida) to speak at the Inside ETFs Conference! It is a giant event, with a ton of great panels and...
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This is the year that active-investment management makes its return to form. It is the year, or so we are told, when active fights back,...
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The vacationing Matt Levine brings the awesome; I highlight (bold & underlined) under the rubric of “Economic theory”...
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For the first time since 1999, the Standard & Poor’s 500 Index is being reconfigured. The last time was when technology was...
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Here’s a question for investors: Is Wall Street creating too many products? The short answer is yes; the longer answer may be a bit...
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Are ETFs creating a liquidity mirage? Thats the basis if a fascinating discussion at Investment News. You may find the section about how...
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Is alpha, the Wall Street term for market-beating returns, sustainable? Or is it a unique, statistical outlier, indistinguishable from...
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Many traders and investors acts as if markets are efficient, meaning that asset prices fully reflect all available information. We see...
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Fees on Mutual Funds and ETFs Tumble Toward Zero
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