High dividend strategies seem to go in and out of favor.
When Bad Things Happen to Good Portfolios—and What to Do About It
Is there a better way? Can the divide between Eugene Fama and Richard Thaler be bridged?
Financial theory is in flux. Ideas that once were widely accepted among financial economists are in dispute. In particular, the efficient-markets hypothesis -- which dominated...
DFA to Offer Investment Strategies via Brokers
Fee-based independent Broker/dealers gain access to famed strategies.
Danger & Opportunity: He's Got the Momentum
Cliff Asness is known as a hedge fund manager who caters to institutions, is a true believer in momentum investing, and despite his University of...
Back to the Future--Again
It has been five years since veteran investment consultant and celebrated author Peter Bernstein invoked the word "obsolete" to describe the policy portfolio, which encourages...
Rearview Mirror Investing
Every ETF follows either an established index or, with increasing frequency, a newfangled one. In fact, of the 482 publicly traded U.S. equity ETFs, 39...
Alive and Kicking
Beta's been declared dead for so long, by so many, that it's tempting to dismiss the risk metric as a museum piece. Yes, it's hotly...
"Mary, Mary, quite contrary, how does your garden grow?" Who doesn't know that the nursery rhyme contrarian had her silver bells and cockleshells and pretty...
Escape mediocrity in performance results
The good news is that earning outstanding returns while reducing risk can be accomplished. The catch is that you can't follow the herd of advisors...