Understanding Factors – Morningstar The attached article appeared in the latest edition of the Morningstar Advisor magazine. It is a pretty accessible explanation of factors and returns to factors. The author’s conclusion is that “factors are useful for making better … Continue reading
Monthly Archives: October 2012
A PRIMER ON THE GOLD STANDARD
PrimerOnTheGoldStandard-Makin John Makin of the American Enterprise Institute presents a mini history of the gold standard and analyzes its current applicability in the attached piece. Makin, a Trinity graduate with an economics PhD from the University of Chicago writes the … Continue reading
THE CASE FOR INDEXING
TheCaseForIndexing(rev)-Vanguard Vanguard is one of the two godfathers of the equity indexing movement and created the first index fund for individual investors. The rationale for indexed or other passively managed equity funds has recently been updated by Vanguard staff. It … Continue reading