News, views and analysis

Featured post

Investor demographics: how wealth, age and gender affect decisions

      By LARRY SWEDROE   To determine whether investor demographics provide information as to the holdings of their portfolios, Sebastien Betermier, Laurent Calvet, Samuli Knüpfer and Jens Kvaerner, authors of the February 2022 study What Do the Portfolios of Individual Investors Reveal About the Cross-Section of Equity Returns?, examined the stockholdings of 365,000...

Read more...

Confessions of a jaded hedge fund manager

  There can’t be many hedge fund managers who’d want me on their Christmas card list. I’ve said far too much about that ignoble profession to be on friendly terms with any of them. I can though see myself sitting down to a...

Read more...

Dimensional Week: Small changes make a big difference

  I heard an inspiring interview on the radio the other day with sports journalist Matthew Syed. He’s just written a book called Black Box Thinking: The Surprising Truth About Success, about the theory of marginal gains. Briefly, the theory is that small...

Read more...

Dimensional Week: Painstaking attention to detail

  One of the most frustrating aspects of the active fund industry is its habit of making bold claims while offering no supporting evidence. Even more frustrating is the willingness of the financial media to keep publishing them. Attention to detail. Occasionally such...

Read more...

Dimensional Week: The godfather of modern finance

  Of the three Nobel Laureates I’ve so far had the privilege of interviewing, Eugene Fama is certainly the most intriguing. A graduate in Romance Languages and a distinguished college sportsman, he turned his hand to economics and went on to change the...

Read more...

Dimensional Week: The appliance of science

  Welcome to Day Two of Dimensional Week on The Evidence-Based Investor — a five part series on Dimensional Fund Advisors, a company few investors have even heard of and yet one that’s helping to transform the world of money management.  I’ll admit...

Read more...

Dimensional Week: The origins of an industry game-changer

  This week is Dimensional Week on The Evidence-Based Investor. For those readers who aren’t familiar with it, Dimensional Fund Advisors has been, and continues to be, one of the major players in what I like to call the creative destruction of the...

Read more...

How can tebi help you?