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Have Japanese equities turned a corner?
There has been no better advertisement for global diversification in modern times than Japanese equities. 35 years ago, Japan was bidding to overtake the US as the...
Read more...Are passive investors more disciplined?
An argument that’s often made is that indexing advocates like myself put too much emphasis on the cost advantage that passive investors have over active investors, when...
Read more...Do active managers deserve credit when they outperform?
When we succeed, it’s human nature to want to take the credit. Say we smash an exam, land a top job or win an award, we like...
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