Where Are All the Rational Investors?
In the last few decades, academics and practitioners have studied, defined and begun to exploit anomalies arising from human nature.
Rob Arnott Reveals: What’s Really Smart About Smart Beta
The reception area of Rob Arnott's Research Affiliates provides a clue to the thinking behind fundamental indexing.
Warning: Powerful Narratives Can Be Hazardous to Your Portfolio
To convert the messiness of the real world into a compelling narrative, some facts must be elevated in importance, some discounted and others ignored.
Buffett’s 7 Best Books for Investors: 2013
What do investing gurus read when they need some guidance?
Niall Ferguson: 4 Reasons America Is Falling Apart
Niall Ferguson, a conservative Harvard professor equally at home in the sweep of civilization as the history of finance, explained to an audience of investment professionals how it is that much of the world is growing while the U.S. is slowing.
Are All Partners Equal?
You have heard the saying that the fastest way to ruin a friendship is to become partners. Unfortunately, many advisors in ensemble practices can relate to this adage.
What Is Money, and Why Is Europe So Messed Up?
What is money? No, not the hopes, aspirations and goals we attribute to money. What is money itself, the physical property?
Milevsky: How Much in Risky Stocks vs. Safe Cash?
From a purely mathematical point of view, the “stocks are safer over long periods of time” argument — before Paul Samuelson took an axe to it — went as follows.
Jim Rogers Picks Obama to Win Election but Prefers Ron Paul
Leading presidential hopefuls Obama, Mitt Romney and Rick Santorum 'don’t have a clue what’s going on,' Rogers believes.
Research Roundtable: Gundlach, Rodriguez, Others
Our expert panel — John Buckingham, Kenneth L. Fisher, Jeffrey Gundlach, Robert Rodriguez — sees turbulence and opportunity in the year ahead, as history makes clear that presidential election years are usually favorable for the securities markets.