by | | Insights, Investing
Almost no active managed funds have beaten the market/their benchmarks over the past 15 years. Some 66 percent of large-cap active managers failed to top the S&P 500 in 2016. Performance actually got worse over longer time frames, with more than 90 percent missing...
by | | Behavior, Insights, Investing
To say that “money isn’t everything” is more than a cliché. Studies in the early 1970s demonstrated that a sense of well-being, or happiness, had not increased commensurately with income over the previous half century.1 That trend continues as the modern world has...
by | | Insights, Investing
SUMMARY – in the very rare occurrence that less than 10% of NYSE stocks are making new highs, after-the-fact analysis shows these are likely markers of market bottoms. Subsequently, the broad market as followed with rebounds of 10% to 33% about 80% of the time....
by | | Insights, Investing
As sure as the sun rises in the east, the proponents of active management will continue to attack passive investing. The reason is simple: It threatens their livelihood. Thus, their behavior should not come as a surprise.Wall Street has ridiculed passive...
