Why Endowment Funds Like Yale’s Are Doing Just Fine
There’s a reason endowment funds underperformed in the current bull market but outperform over market cycles. Here’s how Yale does it.
12 Ways to Build Authentic Confidence
“Part of women's lack of confidence is genetic, the way our brains are wired,” journalist Katty Kay told us.
How to Frame Annuities More Attractively
New research points to ways of increasing annuities' appeal.
The Search for Better 401(k) Advice
The 401(k) system was never really constructed to provide the best retirement savings platform for individuals. But fixing it is a formidable task.
Ritholtz: The Shame of Alternative Investments
The "Yale model" of investing no longer works, Ritholtz says, because there just aren't enough good alternative investments to go around.
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.”
Why Stocks Are at a ‘Permanently High Plateau’
There are some serious factors that are driving today’s all-time highs.
‘No Easy Way to Win’ in Today’s Market: Shiller
In tricky times like these, Yale economist Robert Shiller says, it's all about diversity and “common sense.”
Top 20 Richest Colleges for 2013: The Biggest Endowments
Of the 835 colleges studied, endowments rose by an average of nearly 12% in the fiscal year ending in June 2013.
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.