Active vs. passive

This year’s buffet of market predictions appears appetizing at first, but our year-end retrospective shows that guesswork disguised as portfolio advice generally turns out to be wrong.

In soccer, it’s hard to “do nothing.” It’s the same in investing. This year’s FIFA World Cup reminded us that while we don’t know which way the market will “kick […]

With the U.S. market up just 5% and the hottest stocks returning a whopping 50% to 100% this year, some investors may fear they’re missing out. Should you worry? No. […]

In a widely publicized bet with hedge fund manager Ted Seides, Warren Buffett wagered $1 million in 2008 that Vanguard’s S&P 500 Index Fund would deliver better returns over a […]

“This could be the year,” predicted Barron’s in January, “the movie runs backward. Inflation awakens. Bond yields reboot. Stocks stumble. Active management rules.” Or maybe not.

Most active investment managers don’t achieve their main objective—delivering higher returns than market averages. In fact, roughly 90% of US, international, and emerging market mutual funds underperformed their respective benchmarks […]

Investors are always looking to find the next Amazon, but is trying find the next “superstock” worthwhile? New research from Professor Hendrik Bessembinder shows that most U.S. stocks don’t beat […]

Uncertainty is a constant in investing. Rather than hope for portfolio gymnastics to deal with unforeseen events, sensible investors rely on diversification and discipline. In so doing, they distinguish themselves […]

It’s that time of year again, when the financial media issues its “Where to Invest Now” guides. As is often the case, following these experts’ advice in 2016 would […]

Index funds turned 40 last week. Not everyone, however, is in a celebratory mood.

Mutual funds with stellar recent performance easily attract new money from investors who shift assets from poor-performing funds. A recent study from Vanguard, however, shows just how costly chasing performance […]

As our company nears $1 billion in assets under management, the Portland Business Journal’s Matthew Kish highlights what’s driven that growth—a culture of client service, hiring the right people, and […]