When it comes to understanding and then accepting the nature of the investment risks that you’ll have to live with over time, forewarned is forearmed. Larry Swedroe puts the size and volatility of equity premiums into better perspective.
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Larry Swedroe offers some points to consider before you succumb to an urge to abandon your well-thought-out financial plan over recent swings in the stock market.
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Finding a fulfilling way to work. Tim Maurer on living out your job, profession or calling as an artisan.
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Larry Swedroe takes a look at the two premiums that help to explain the performance of bond portfolios.
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Tim Maurer revisits his list of places where (and in what order) you should spend (or save) your next available dollar.
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The 10th anniversary of the great financial crisis has led many investors to seek guidance on how to prepare for the next market downturn. Larry Swedroe shares some lessons to help investors weather the next crisis with confidence.
The low-beta anomaly may be persistent and pervasive across the globe, but, Larry Swedroe writes, research shows its returns are explained well by other now-common factors and its premium is dependent on certain circumstances.
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Pension plan sponsors engage investment consultants even though the evidence clearly shows their recommendations fail to add value. Why? Larry Swedroe examines research that concludes there’s an agency problem (that is, a conflict of interest) at work.
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Larry Swedroe unpacks research that shows factors work in emerging markets, too.
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For Larry Swedroe, it’s truly an amazing paradox that so many investors still choose actively managed funds. Fortunately, he writes, more people are taking greater notice of the evidence.
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A recent study suggests that ESG investors can express their social views without penalty, at least in terms of risk-adjusted returns. Larry Swedroe unpacks its findings, and what they reveal about the equity factors that explain ESG results.
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Larry Swedroe breaks down the process, and the math, for determining which route is the more appropriate strategy.
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In his follow-up look at why it’s often so hard to be a disciplined investor, Larry Swedroe explains the correct way to think about the value factor’s lengthy underperformance, as well as its prospects going forward.
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Larry Swedroe on some tools for avoiding the twin mistakes of recency and resulting, even when the market serves up an extended period of underperformance.
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Larry Swedroe on what today’s market indicates for forward-looking returns, and what you can do in response.
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Larry Swedroe unpacks highlights from the most recent SPIVA scorecard that offer still more powerful evidence of active management’s continued failure to persistently outperform.
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Larry Swedroe offers some explanations of his own, then unpacks a study that suggests a form of the conjunction fallacy has a role in active management’s survival.
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Larry Swedroe unpacks a CFA Institute Research Foundation brief on risk profiling and tolerance that looks at four investor personalities, and the potentially problematic behavioral tendencies likely to come with each.
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Larry Swedroe reviews a new study into how a country’s aggregate dividend payout rate affects its equity returns.
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Some active mutual funds have prospectus benchmarks that understate risk and, thus, overstate relative performance.
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