Advantis Investors has published an interesting piece on the futility of market timing at New Evidence Threatens Active Management.
Mullaney Keating & Wright
Independent Investment Professionals
Category Archives: Active v. Passive Management
BEWARE MARKET GURUS
Larry Swedroe published an interesting piece on the (un)reliability of market pundits in INCOMPETANCE. TFM
A NEW LAW OF INVESTMENTS
Larry Swedroe of The BAM Alliance reviews the latest SPIVA report in Surprising SPIVA RESULTS and describes Dunn’s Law. I had never heard of this “law” before but it makes a lot of sense. TFM
WHY DIVERSIFY ?
Dimensional Fund Advisors has provided the best reason for diversification in How Markets Work and the FAANG Mentality without really saying so. tom
MUTUAL FUND PERFORMANCE PERSISTENCE
S&P Dow Jones Indices has published The Persistence Scorecard – Sept 2019 covering periods ending in 2018. It can be summarized with one quote “It is worth noting that only 0.91% of large cap and no mid-cap or small-cap funds managed … Continue reading
PERFORMANCE of MUTUAL FUNDS
Dimensional Fund Advisors has just published their 2019 Mutual Fund Landscape_ Report. It details how few funds manage to beat their benchmarks over various investment horizons. The report is not as thorough and detailed as the Standard & Poors SPIVA … Continue reading
PRICE DISCOVERY and ITS DISCONTENTS
Dimensional Fund Advisors has released The Index Bogeyman which puts to rest the critique that index funds distort the price discovery process. TFM
MUTUAL FUND WORLD
Dimensional Fund Advisors has just released Mutual Fund Landscape 2018 an analysis the size, scope and performance of United States based equity and fixed income mutual funds. TFM
PRICE DISCOVERY
Brad Steiman of Dimensional Fund Advisors debunks the meme that greater passive investing reduces price discovery in equity markets in his Relying On Market Prices. TFM
SPIVA at 15
The S&P Dow Jones Indices group began publishing the S&P Indices Versus Active (SPIVA) scorecard 15 years ago. The managing director of the project reflects on 15 Years of SPIVA in a question and answer format. TFM