Q: With the recent news that one of the world’s highest-profile bond managers eliminated his fund’s exposure to U.S. Treasury bonds, should we be selling our Treasuries, too? Do other types of bonds now offer better return opportunities?
Q: The price of gold has recently topped $1,400 an ounce, providing eye-popping returns to investors. It seems we’ve missed out; should we reconsider whether gold belongs in my portfolio?
Q: Does indexing only work in efficient markets?
After accurately predicting the Global Financial Crisis in 2008, Robert Rodriguez and Peter Schiff quickly came to be viewed as investment gurus who could provide shelter from the storm. Investors eagerly followed their advice in anticipation of the fortunes certain to follow. How did they fare?
With enormous resources at their disposal, institutional investors—the so-called “smart money”—should have an advantage in identifying tomorrow’s winning fund managers…but do they?