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Murray Coleman

Jim Cramer vs. S&P 500: Chasing 'Mad Money'

60,140
by Murray Coleman
Updated: Monday, November 29, 2021

A study by Wharton researchers compares 17-plus years of returns for the TV star's AAP portfolio, which spotlights many of his top ...Read More

Article Library

  • Dimensional Fund Advisors

    Myth-Busting with Momentum: How to Pursue the Premium

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    by Dimensional Fund Advisors — Wednesday, November 10, 2021

    Nearly 30 years after its formal discovery, the appeal of stock price momentum remains in the eye of the beholder. Some see its outsize historical premium, 9.1% per year in the US, as validation for investing in momentum-focused ...Read More

  • Dimensional Fund Advisors

    CAPE Fear: Should Investors Be Concerned With Market Valuations?

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    by Dimensional Fund Advisors — Monday, November 8, 2021

    Investors often look for signals indicating whether it’s a good time to get into or out of the market. Market valuation measures, such as the cyclically adjusted price-to-earnings (CAPE) ratio1 of Campbell and Shiller (1998), are frequently portrayed as indicators to ...Read More

  • Dimensional Fund Advisors

    The Surprising Dividends of Transformed Investing

    597
    by Dave Goetsch — Wednesday, October 27, 2021

    I’ve been working in sitcom writing rooms for the past 25 years, and one of the most discussed, and least understood, topics is investing. To be in one of those rooms means that you have already beaten odds. In success, the financial benefits can be fast and ...Read More

  • Dimensional Fund Advisors

    When It's Value vs. Growth, History Is on Value's Side

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    by Dimensional Fund Advisors — Updated: Tuesday, October 5, 2021

    There is pervasive historical evidence of value stocks outperforming growth stocks. Data covering nearly a century in the US, and nearly five decades of market data outside the US, support the notion that value stocks—those with lower relative prices—have higher ...Read More

  • Dimensional Fund Advisors

    Will Inflation Hurt Stock Returns? Not Necessarily.

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    by Dimensional Fund Advisors — Updated: Wednesday, September 22, 2021

    Investors may wonder whether stock returns will suffer if inflation keeps rising. Here’s some good news: Inflation isn’t necessarily bad news for stocks.A look at equity performance in the past three decades does not show any reliable connection between periods of ...Read More

  • Mark Hebner and IFA Contributors

    The Hunt for Profitability

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    by Murray Coleman — Updated: Tuesday, August 10, 2021

    Here's a look at the development of the profitability factor as a research tool in determining expected ...Read More

  • Weston Wellington

    ‘Everything Screams Inflation.' How to Interpret the Headlines.

    1,199
    by Weston Wellington — Tuesday, August 3, 2021

    How quickly things change. Two years ago, the New York Times reported, “Federal Reserve officials are increasingly worried that inflation is too low and could leave the central bank with less room to maneuver in an economic downturn.”1 More recently, a Wall Street ...Read More

  • murray@ifa.com

    2021 Q2 Market Review

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    by Murray Coleman — Monday, July 19, 2021

    A growing economy kept boosting IFA Index Portfolio returns in the second quarter. In particular, global real estate posted strong ...Read More

  • Mark Hebner and Murray Coleman

    Selecting Investments

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    by Murray Coleman — Updated: Monday, July 12, 2021

    The science behind how we separate the wheat from the chaff, so to speak, in making our fund recommendations to ...Read More

  • Dimensional Fund Advisors

    Out of Bounds: Style Drift in the Russell 2000 Value Index

    1,399
    by Dimensional Fund Advisors — Tuesday, June 29, 2021

    AMC and GameStop are priced squarely in the large cap growth space, and yet represented nearly 1.5% of the Russell 2000 Value Index as of May 31. On the scale of size discrepancies, this is akin to 7-foot-6-inch former NBA star Yao Ming visiting a kindergarten class. However, ...Read More

  • Mark Hebner

    Calculations for T-Statistics

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    by Mark Hebner — Updated: Monday, June 28, 2021

    In calculating the t-stat, the first step is to determine the excess returns a manager earned above an appropriate ...Read More

  • Kenneth French

    False Negatives and False Positives

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    by Kenneth French — Thursday, June 17, 2021

    One of the things that makes the COVID-19 pandemic so challenging is false negatives. Early in the pandemic, it was clear that the consequences of infection are more severe for older people, a group my wife and I were surprised to discover includes us. We also learned that most ...Read More

  • jackson

    Inflation: An Exchange Between Eugene Fama and David Booth

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    by Dimensional Fund Advisors — Thursday, June 10, 2021

    With the economy starting to recover from the COVID-19 pandemic and investor concerns turning increasingly toward inflation, Dimensional Founder David Booth talked with Nobel laureate Eugene Fama about inflation and how investors should think about it in their portfolios. ...Read More

  • jackson

    To Bit or Not to Bit: What Should Investors Make of Bitcoin Mania?

    1,958
    by Dimensional Fund Advisors — Tuesday, March 23, 2021

    Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios. Cryptocurrencies such as bitcoin emerged only in the past decade. Unlike traditional ...Read More

  • DFA

    Tales from the Crypto: How to Think About Bitcoin

    1,843
    by Dimensional Fund Advisors — Wednesday, March 17, 2021

    Bitcoin and related cryptocurrencies (now numbering in the thousands) are the subject of much debate and fascination. Given bitcoin’s dramatic price changes, it is not surprising that many are speculating about its possible role in a ...Read More

  • Dimensional Fund Advisors

    The Performance of Late-Cycle Premiums

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    by Dimensional Fund Advisors — Thursday, February 25, 2021

    The media has been sharpening its focus on cycles lately, but not in anticipation of the Tour de France. Rather, the financial media’s spotlight is on business cycles. A common refrain from the industry is that the performance of certain groups of stocks is tied to the ...Read More

  • jackson

    FANMAG: Because FAANGs Are So Yesterday

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    by Dimensional Fund Advisors — Thursday, February 18, 2021

    A handful of large technology stocks have garnered attention for outsize returns in recent years. Collectively referred to by the FANMAG acronym, Facebook, Amazon, Netflix, Microsoft, Apple, and Google all substantially outperformed the US ...Read More

  • jackson

    Flexibility in Practice: How We Handled GameStop

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    by Dimensional Fund Advisors — Tuesday, February 16, 2021

    After peaking, GameStop’s subsequent fall in price put it in the low profitability growth space of the small cap market, which we exclude across our equity portfolios due to low expected returns. Our daily process allowed us to again respond quickly. By February 3, we had ...Read More