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Introducing our new portfolio review service for professionals
The vast majority of pensions funds, charities, endowments and other institutional portfolios have underperformed the market for decades. The way to stop the rot is to have an independent portfolio review, reduce fees and complexity, and increase diversification. From today, that’s precisely what TEBI is offering. As anyone who’s read The...
Is ESG a factor like size or value?
Most TEBI readers will be familiar with the concept of investment risk factors — i.e. characteristics of a stock or bond that make that security more likely to outperform the broader market over the very long term. The most common ones are...
Endowment performance has sharply deteriorated since 2008
By LARRY SWEDROE The outstanding performance of the Yale endowment fund, managed by legendary investor David Swensen, led many endowments to try to replicate its performance by increasing their exposures to alternative investments (such as private equity, private real estate and...
Young investors are more cautious than you think
The common perception about age and willingness to take risk is that the older you are the more risk-averse you become, but there are increasing signs that young investors today are more security conscious than their parents were at the same age....
The new frontier for pay
It’s not only where we work in the post-pandemic environment that is changing. It is also how we are paid. And just as with the remote-vs-office debate, the questions around remuneration are not so simple to answer. In a survey of...
Could reading literature make you better with money?
By JACON SCHROEDER To make better choices and build wealth, have you tried investing time with the works of Shakespeare? Our relationship with money is forged by experience. Why wouldn’t we then want the broadest experience possible to help us make...
How does investor sentiment affect stock and fund returns?
By LARRY SWEDROE Investor sentiment refers to the general mood investors exhibit toward a particular market or asset. Sentiment can be an important determinant of investment performance because investors who exhibit relatively high sentiment tend to be overconfident and engage in...
