Dimensional Fund Advisors has released The Index Bogeyman which puts to rest the critique that index funds distort the price discovery process. TFM
Mullaney Keating & Wright
Independent Investment Professionals
Category Archives: Investment Metrics
PREMIUMS ANALYSIS
Dimensional Fund Advisors has just published Perspective on Premiums in which they analyze the history of premium under and over performance. A little wonkish but worthy of study. 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
HARUSPICATION
Larry Swedroe details the poor track record of economic and market forecasters in the-track-record-of-market-pundits. TFM
UNCERTAINTY
Barry Ritholtz does a very nice job of defining uncertainty in Election Uncertainty in the context of the upcoming election. His definition of uncertainty is spot on and a useful reminder about the world of investments. TFM
WINNERS DON’T REPEAT
S&P Dow Jones Indices has released the 2016 edition of the Persistence Scorecard. See the details here PersistenceScorecard2016. TFM
IT DOES FLUCTUATE
As Hartford’s own J. P. Morgan famously said when asked about the stock market, “It will fluctuate.” And as we are currently being reminded it often fluctuates downward. But history tells us that it always has recovered and delivered attractive … Continue reading
SELL CORRECTIONS?
Periodic unanticipatable equity corrections are the price we pay for the anticipatable long-term positive returns from investing in stocks. We are in one again now. In Should Investors Sell After Correction – DFA Wes Wellington points out the benefits of staying … 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
(ANOTHER) PERSISTENCE SCORECARD
“Very few (actively managed) funds can consistently stay at the top.” Four years after scoring in the performance top quartile only 3.95% of large cap funds and 1.92% of small cap funds remained there. No mid cap funds did so. … Continue reading