Occam’s Razor – One of the Most Successful Active Managers of all Time Shows Why Active Management Doesn’t Work

Posted on February 24, 2018 by Mike

“For active management to work, a manager doesn’t just need to be able to predict what will happen next, they need to know if it will be better or worse than what the market expected. Active management is like betting on sports – you can’t just pick who’s going to win, you need to be Read more about Occam’s Razor – One of the Most Successful Active Managers of all Time Shows Why Active Management Doesn’t Work[…]

The Best Fund Company You’ve Never Heard Of …

Posted on April 11, 2015 by Mike

… And Why It Doesn’t Want Your Money! Beverly Goodman wrote this article way back in 2002. Her opening line – “Dimensional Fund Advisors (DFA) might be one of the best kept secrets in the mutual fund industry” – rings as true today as it did back then. And that’s a very good thing! Read Read more about The Best Fund Company You’ve Never Heard Of …[…]

2014 – The Worst Year for Active Stockpickers in 3 Decades

Posted on February 25, 2015April 12, 2015 by Mike

Josh Brown at The Reformed Broker highlights “the futility of hiring stockpicking managers – especially in a mutual fund wrapper – and paying extra fees for their skills.”. Read the full article here >>

Investing Against the Odds, and the Facts

Posted on September 15, 2014 by Mike

Carl Richards nails it again: “Let’s go back to the idea of beating the market. I know of no study that contradicts the truth of the high improbability of doing so. Assume we know this fact and do believe it’s very unlikely we’ll beat the market. Why, then, do so many of us act contrary Read more about Investing Against the Odds, and the Facts[…]

Go Ahead, Spice Up Your Investing Life

Posted on August 19, 2014 by Mike

Carl Richards nails it again: “Clearly there’s no reason to be bored… at least until your balance drops to zero.” Read the entire article >>

Beware the Sales Pitch for Actively-Managed Mutual Funds

Posted on July 25, 2014 by Mike

Rob Carrick of the Globe and Mail correctly notes that investors should follow one simple rule: “If you want the best chance of success as an investor, use an indexing approach and forget about actively managed mutual funds.” Read the entire article >>