Factor funds underperform their academic factors by about 3% per year
When a measure becomes the target it ceases to be a good measure
The people that missed the bubble spent the next eight years ridiculing the people who got sucked into it.
Permanent information is what teaches you what to do with expiring information
There are no hard and fast rules.
For a field with lots of stats, we still have little idea of how well the economy is doing at the moment
What are the benign myths that exist in the financial advisor community?
Maybe next year they’ll start issuing iMortgage
The economy is not the stock market, and we can’t time either
How would you invest your $1 million to preserve its buying power until 2119?
A PhD student was managing the University of Chicago’s bond portfolio
We’re not an agenda driven company
You can’t conclude that markets are irrational just because individuals are
They can call my office
It is better to make yourself obsolete than to wait and let your competitors do it for you .