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 listen 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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Outperformance in Down Markets 100% of the Time?

How could an investor have outperformed 100% of the time in the longest bear markets?
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Who Is Active?

Here’s my story.
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