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.
The Dark Side of Investment Stories
To convert the messiness of the real world into a compelling narrative, some facts must be elevated in importance, some discounted and others ignored.
Shiller on Investing: ‘Get an Advisor’
Markets will always have bubbles thanks to human nature, Yale economist Robert Shiller says, and financial advisors can help cut through the buzz.
UnitedHealth Cuts Could Make Medicare Advantage Less Secure for Seniors
Seniors on UnitedHealthcare plans have until Feb. 14 to switch to original Medicare, but they're locked into the Advantage plans they've already chosen.
Alternatives to the Rescue?
The Frenchman Jean-Baptiste Alphonse Karr must have been thinking about something besides finance when he mused that “the more things change, the more they stay the same.’’
The Messy Reality of Financial Decisions
Following the evidence is imperative and difficult.
Bogle’s 6 Best Books for Investors
What do investing gurus read when they need some guidance? Here's what Vanguard founder John Bogle recommends.