Defending Vanguard’s Low Fees
Vanguard Actually Is Good at What It Does The low-cost fund provider has upended the investing world. That’s something to laud, not...
Happy Birthday, Dow Industrials Average!
Dow Jones Industrial Average is 121 years old today. When it was launched — published is more accurate — its price was...
The Most Interesting Thing About the Buffett / Seides Bet
William Sweet, CFP®, is an Investment Advisor at Ritholtz Wealth Management. Bill has spent much of his career minimizing the impact...
Some Advice for Active Equity Managers
This week marks the 42nd anniversary of the founding of Vanguard Group Inc. by Jack Bogle in 1975. That date made me think about...
No, ETFs Are Not Financial WMDs
ETFs Aren’t About to Destroy the World A pair of fund managers are worried about exchange-traded funds. Their fears seem overblown....
Rob Arnott: Why Active Managers Fail
Research Affiliates CEO Rob Arnott says the effect of positive skewness on money manager performance is often overlooked in the debate...
The Death of Active Management Has Been (Somewhat) Exaggerated
Don’t Mourn the Death of Stock-Picking Just Yet There’s a shakeout underway among actively managed funds. That’s...
Discussion: Evidence-Based Investing
I speak with Robin Powell about: How the idea came about for the EBI conference Why the financial media can be so unhelpful The dramatic...
Dow Industrials Average, 1896-2016
This graph of the Dow’s performance since 1896 that charts the index’s peaks and troughs, reflecting a variety of economic triumphs...