Shiller vs. Fama: Which Nobel Winner Comes Out on Top?
Research Affiliates teases out the Nobel laureates' distinctive value approaches and finds a yawning gap between them.
From Doom to Boom (and Back): Grantham Sees Stocks Soaring up to 30%, for Now
Stock market scold Jeremy Grantham expects the U.S. market to soar 20% to 30% in the next year or two—before the next mega-crash, at least.
Robert Shiller: Budget, Debt Fights a ‘Wash’ for Markets
The Nobel Prize-winning Yale economist said equities haven’t really reacted to the crisis one way or another.
Arnott’s Value Firm Grabs Momentum ‘Hot Potato’ in Paper
The risk of a portfolio blowup is high, says Research Affiliates, but momentum investing could improve returns as a short-term add-on.
The Disclosure Paradox: How Much Information Is Too Much?
Too much information can be as harmful to retirement plan decisions as too little.
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...