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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...
Why you should stress test your personal finances
By LESLEY GREGORY Behind the scenes, financial regulators require banks to undertake a regular ‘stress test’. Would they be vulnerable should an event like a recession or another financial market crash come to pass? These tests became best practice for banks...
Third quarter 2019 hedge fund performance update
By LARRY SWEDROE Hedge funds entered this year coming off their 10th straight year of trailing the return of the S&P 500 Index. And as you can see in the following table, over the 10-year period ending December 2018, they underperformed...
Deferred gratification is hard but not impossible to learn
It’s not mentioned often enough in the financial media that many of the keys to success as a long-term investor derive from qualities that are distinctly out of tune with the times. These include patience, discipline and crucially, delayed gratification — a...
Ken Fisher versus index funds: Who wins?
It’s been a bad month for high-profile fund managers. Here in the UK we are witnessing the meltdown of the man once dubbed Britain’s Warren Buffett, Neil Woodford. Meanwhile, across the pond, one of America’s best known stock pickers, Ken Fisher,...
It’s not over till it’s over
Cricket world cup. LOOK AT IT THIS WAY Succeeding with a long-term investment goal often comes down to the simple act of sticking to your plan and staying in your seat. Many an investor comes unstuck by chopping and changing, only to...
Cheap doesn’t mean nasty in the fund world
Fund world. Why do so many people continue to buy actively managed funds in the face of overwhelming evidence that they shouldn’t? It’s a question I once put to former Vanguard CEO Bill McNabb. His response, which you can watch here, is enlightening....
