Relative Alpha®

An investment strategy that produces consistent Relative Alpha®.
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Do Index Funds Make Active Funds Better?

Research suggests index investing makes active managers better.
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Fallible Forecasts?

With so much evidence against the use of forecasts, why do investors waste their time listening to them? Maybe the best investors don’t.
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Are Selectors Good at Selecting?

A large business exists on the premise that advisors can select the best of the best. The big question is whether “selectors” are good at “selecting.”
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Are We Baking Portfolios with Bad Ingredients?

Just one mistake in the measurement of your ingredients and your bread can wind up with no bread-like qualities at all. Investing can be the same.
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Why We Don’t Make Forecasts

How many times did the Wall Street consensus predict a market drop? "A spectacular zero."
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