S&P DOW JONES INDICES has just published SPIVA-Europe2014. The story is the same — it is very hard for active managers to beat their benchmarks measured in Euros, Pounds or Dollars. TFM
Monthly Archives: April 2015
DECISION MAKING – SCIENCE or ART ?
Justin Fox, former editor of the Harvard Business Review, has written a nice piece in the May HBR about the history of decision making analysis entitled From Economic Man to Behavioral Economics. This is longer than most of my references … Continue reading
MUTUAL FUNDS – SIZE, SCOPE and PERFORMANCE
Dimensional Fund Advisors has just released its second annual report on The US Mutual Fund Landscape. Mutual Fund Landscape 2015 is attached for your review. TFM
ACTIVE vs PASSIVE SCORECARD
In Sunday’s New York Times Jeff Sommer reported on the “bakeoff” results reported by the S&P Dow Jones SPIVA Scorecard. The link is here STRATEGIES – Sommer. The complete report is worth a look. The link is here SPIVA US year-End … Continue reading
HARUSPICATION
The late John Kenneth Galbraith famously said: “The only function of economic forecasting is to make astrology look respectable.” Assuming he would not object to including financial forecasting and with a hat tip to The Motley Fool, I have culled … Continue reading
