Articles (142)

1,361,697 views
Article Library

  • Jim Parker, Dimensional Fund Advisors

    Catchphrase Investing

    2,296
    by Jim Parker, Dimensional Fund Advisors — Tuesday, December 26, 2017

    The financial media is drawn to catchphrases, acronyms, and buzzwords that can be sold as the new thing. FAANG (Facebook, Apple, Amazon, Netflix, and Google) ...Read More

  • Dimensional Fund Advisors

    Mutual Fund Landscape - 2017

    2,820
    by Dimensional Fund Advisors — Thursday, July 27, 2017

    Each year, Dimensional analyzes returns from a large sample of US-based mutual funds. Our objective is to document the power of market prices by assessing fund ...Read More

  • Oil Prices and Equity Returns

    5,455
    by Tom Allen and Mark Hebner — Friday, February 19, 2016

    No doubt one of the biggest stories over the last 18 months has been oil. Currently, oil prices (as measured by the WTI Crude Index) are at levels we ...Read More

  • Second-Hand News

    5,863
    by Jim Parker — Friday, December 4, 2015

    Why don’t the media run more good news? One view is bad news sells. If people preferred good news, the media would supply it. But markets don’t see ...Read More

  • Tom Allen and Mark Hebner

    The MFS "Active Advantage"... Really?

    11,121
    by Tom Allen and Mark Hebner — Wednesday, November 11, 2015

    MFS Investment Management made very well scripted and produced commercials highlighting some of the typical selling points active managers like to make when ...Read More

  • Dan Wheeler

    Hedge Funds

    5,614
    by Dan Wheeler — Monday, May 11, 2015

    One of the supposed benefits of investing in a Hedge Fund, is the opportunity to make money in both up and down markets.  This goal is appealing to two ...Read More

  • James Bond. 'Gambler Extraordinaire?'

    5,743
    by Christopher Dennistoun — Thursday, May 7, 2015

    "The scent and sweat of a casino are nauseating at three o'clock in the morning...." So begins one of the most celebrated sentences in English popular ...Read More

  • Committing Financial Suicide

    8,545
    by Tom Allen — Friday, April 24, 2015

    The way I like to think of day trading is that it’s probably the most effective weapon ever to commit financial suicide,…It’s an absolutely ...Read More

  • Cast in Iron

    6,882
    by Jim Parker — Monday, April 20, 2015

    The media occasionally locks in on a particular “hot” sector. In the late 1990s, it was technology. In the mid-2000s, it was mining. Writing ...Read More

  • Is Skill Dead? Perhaps It Was Never Alive

    6,405
    by Mark Hebner and IFA Contributors — Wednesday, March 4, 2015

    A recently released white paper from GMO titled “Is Skill Dead?” begins with this excellent quote from Jeremy Grantham: “90% of what passes ...Read More

  • Are Stock Pickers Getting Desperate?

    6,358
    by Mark Hebner and IFA Contributors — Wednesday, February 11, 2015

    We ask this question after reading this interesting article by David Randall from the Daily Mail. We believe the author was being polite in his word choice of ...Read More

  • Even More Bad News for Active Managers

    6,104
    by Mark Hebner and IFA Contributors — Wednesday, December 10, 2014

    On the heels of this story that we just published regarding the difficult times faced by active managers of large cap funds comes this piece from Reuters which ...Read More

  • An Enormous Waste of Money

    9,418
    by Mark Hebner and IFA Contributors — Friday, November 28, 2014

    Just how much do investors spend every year on active management fees in pursuit of the ever-elusive alpha? How does $600 billion (or roughly the GDP of ...Read More

  • Ebola Stocks: Avoid them like the Plague!

    5,773
    by Mark Hebner and IFA Contributors — Wednesday, November 26, 2014

    So says the U.S. Securities and Exchange Commission (SEC) which recently suspended trading for ten business days in the stocks of four companies that claim to ...Read More

  • When a White Paper Should Be Ignored

    6,298
    by Mark Hebner and IFA Contributors — Wednesday, October 22, 2014

    In the investment industry, a claim that is backed up by a white paper takes on an aura of invincibility or unassailability. We at Index Fund Advisors find ...Read More

  • The Curse of the Five-Star Rating

    9,753
    by Mark Hebner and IFA Contributors — Tuesday, September 16, 2014

    A recent Wall Street Journal article (“Mutual Funds’ Five-Star Curse”, 9/8/2014) should give pause to investors who only pick managers with ...Read More

  • Tough Times for the Bond King

    7,538
    by Mark Hebner and IFA Contributors — Thursday, June 19, 2014

    While patience is a virtue, it appears to be one that is not possessed by many investors in actively managed funds. It is this difficult lesson that ...Read More

  • A New Low for CNBC

    10,494
    by IFA Contributors — Friday, March 21, 2014

    With nothing better to do the other night, I decided to try out CNBC’s new series, Money Talks, a reality show that follows the antics of one Steve ...Read More

  • Reality Show for Investors: "Survivor"

    9,041
    by Weston Wellington — Friday, December 20, 2013

    Anyone studying the long-run history of American business cannot help but observe how many of the prominent firms of one era fail to make it to the next. ...Read More

  • Mark Hebner and IFA Contributors

    PIMCO: A Deeper Look at the Performance

    9,551
    by Mark Hebner and IFA Contributors — Wednesday, December 18, 2013

    In Bill Gross’s December 2013 Investment Outlook letter, he joined the ranks of Warren Buffett and Peter Lynch in giving a solid endorsement to indexing ...Read More