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Just how efficient are equity markets?
By LARRY SWEDROE A large body of evidence demonstrates that the ability of active managers to generate alpha (outperform risk-adjusted benchmarks) has been rapidly declining. For example,...
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Why new investors have irrational fears
By ANDREW HALLAM Imagine this: You’ve just booked an airline ticket. But then you see a cheaper flight online. The second flight’s departure time is much more...
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Bogle was right. Character counts
Vanguard founder Jack Bogle was famous for explaining investing to ordinary people. But he devoted just as much time and energy later in life to imparting wisdom to...
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