This is a series of FANTASTIC videos named after Charles Ellis’ ground-breaking book “How to Win the Loser’s Game.” You do not want to miss it!! Click here to watch the series >>
“Who says markets are efficient? Using an investment strategy built around the pioneering work of Nobel-Prize winning economist Eugene Fama, Dimensional Fund Advisors has delivered astounding results.” Read the two related articles >>
Phil DeMuth discusses a possible breakthrough for factor-based investors known as “Profitability”. “Over time, tilts towards value, momentum and profitability have outperformed the market, and due to the diversification benefits, a combined portfolio of these three has provided much higher reward per unit of risk and a significant reduction in extreme risk or losses. Thus, an approach that combines these three themes using an integrated, straightforward methodology that is designed to endogenously and efficiently capture these themes and take advantage of their natural synergies is ideal.” Read the full article >>
An excellent, easy to read, whitepaper from Brad Steiman of Dimensional Fund Advisors. “If free markets fail, it would be easy for investors to systematically beat the market, but in reality, man versus the market isn’t a fair fight and most of us should accept market forces rather than resist them.” Read the entire whitepaper >>
An outstanding whitepaper from Dave Loeper showing the true cost of annuity ownership. Read the full article >>
This is an excellent review of factor-based investing written by Frank Armstrong III: “The Fama French Three Factor Model provides a highly useful tool for understanding portfolio performance, measuring the impact of active management, portfolio construction and estimating future returns. The Three Factor Model has replaced the Capital Asset Pricing Model (CAP-M) as the most widely accepted explanation of stock prices in the aggregate and investor returns.” Read the full article >>