A Better Portfolio? Simple, But Not Easy

It’s been 25 years since Professors Eugene Fama and Ken French explained why investors were likely, but not guaranteed, to earn better returns by favoring small cap and value stocks. Results since then have validated the researchers’ conclusions, but capturing those higher returns hasn’t always been easy.

The Dying Business of Picking Stocks

The flood of money leaving actively-managed funds in favor of index funds signals that investors are giving up on stock picking. The Wall Street Journal’s Ann Tergesen and Jason Zweig explain why—superior performance, lower fees and simplicity.