A Different Take on the Invasion of the Robo-Advisors
Beyond the hype, what are the investment approaches held by the biggest online advice providers, and which human advisors stand to lose?
Is the Market Efficient? Cliff Asness Says Yes, and No
At Morningstar, AQR Capital’s leader presents Fama and Shiller’s arguments and says he has “learned to live with my schizophrenia.”
Investing Lessons From Rereading Benjamin Graham
For my summer reading, what I'm relearning about investing, and human behavior, from the masters.
Institute for Fiduciary Standard to Craft Best Practices
Vanguard founder John Bogle and Boston University School of Law professor Tamar Frankel will advise the institute’s new Best Practices Board.
Top 10 Better Letterman Replacements Than Colbert: Advisor Edition
Stephen Colbert will replace David Letterman next year as host of CBS’ “Late Show,” but ThinkAdvisor has 10 financial gurus who might be better fits.
John Bogle, Index Icon, Accused of Timing Market
Servo’s Eric Nelson wrote a blistering critique of Vanguard founder Bogle after an interview in which the indexing icon endorsed tactical allocation.
On Smart Beta, Smart Skeptics
While many institutions and advisors have put money into smart-beta vehicles, there are as many asset managers and industry observers who are skeptical, to put it mildly, of smart-beta proponents’ claims.
DFA Beats Bogle, Grantham—They All Beat Buffett: Analysis
DFA proponent Eric Nelson weighs the strategies of Warren Buffett, Jeremy Grantham and John Bogle and finds their returns wanting compared with DFA's investing approach.
The Fiduciary Standard and You
Fiduciary issues pop up in the oddest places.
Warning: Bond Indexes Are Broken
Unlike their equity counterparts, there are distinct challenges with existing fixed-income indexes. What’s an advisor to do?