Our Resources

October 05, 2020

Optical Illusions in Investing

Maintaining a globally diversified portfolio means accepting that your investment results will differ from a common index benchmark (think: S&P 500).

June 10, 2020

Minimize Regret Over Maximizing Returns

When reevaluating your tolerance for risk, now or in the future, it's worthwhile to look through the lens of “regret minimization” as much as you’re looking through the lens of potential “return maximization.”

February 12, 2020

Coronavirus and Your Portfolio

The coronavirus now making headlines around the world. How might it impact your portfolio?

September 16, 2019

Are You a Hole-in-One Investor or a Scratch Investor?

Any duffer on the course can hit a hole-in-one with enough swings and enough luck. But, writes Wealth Advisor Doug Buchan, being a scratch golfer – just like being scratch investor – requires patience in the winning strategy and the discipline to play your game.

June 13, 2019

Annual Portfolio Performance: A Valuable Metric?

Wealth Advisor Doug Buchan breaks down why setting an annual performance goal for your portfolio is not only useless, but it can be dangerous.

June 04, 2019

What's in a Fund Name?

After reviewing a study on the composition of mutual fund portfolios, Larry Swedroe concludes investors cannot rely on an active fund's name, or even its stated objective, when seeking exposure to factor characteristics.

May 15, 2019

Stock Volatility and Trade Tensions

Tim Maurer appears on Nightly Business Report to discuss steps investors should, and shouldn't, consider taking in response to stock market turbulence amid trade tensions.

May 13, 2019

Active Management's Impact on Returns and Volatility

After unpacking new research into how expense ratios and turnover impact returns and their dispersion, Larry Swedroe explores how the study's findings inform what we know about active mutual funds, active share, and volatility.

May 08, 2019

‘Passive’ Market Efficiency Works

Larry Swedroe unpacks new research into its potential repercussions for liquidity, volatility and market efficiency.

April 29, 2019

Index Investing’s Market Impact

Larry Swedroe unpacks new research into the impact that the rise of passive investing has had on securities lending, which plays an important role in stock market efficiency.

April 12, 2019

The Risk Warrior

Janet Levaux sits down with Larry Swedroe to get his latest thinking on asset allocation and portfolio diversification.

February 15, 2019

When Value Performs Poorly

For investors who have experienced these poor recent results, a natural question is how value stocks have tended to perform relative to growth after periods of poor performance. Jared Kizer examines the data and shares his insights to help investors see the bigger picture.

February 12, 2019

Do Surprises Really Move Markets?

Larry Swedroe shares some examples where good news has led to bad results and vice versa.

November 19, 2018

The S&P 500 Goes Supernova

It’s hard to imagine how the S&P 500’s excess returns could be anywhere near as high over the next decade as they have been recently.

October 31, 2018

Market Volatility and Equity Performance

When stock markets drop, it can be tough to see past the pain and recall that your investment plan incorporates such risks. To help you take the long-term view, Chief Investment Officer Jared Kizer puts October's market moves into perspective.

September 24, 2018

A Factor with Caveats

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.

May 21, 2018

Different Types of Skill

The prevalence of security analyst skill stands in stark contrast to studies that show only a fraction of actively managed mutual funds outperform on a risk-adjusted basis. Larry Swedroe tackles new research into this apparent contradiction.

May 07, 2018

Chasing Returns Is a Hard Catch

Larry Swedroe on a study showing why performance chasing rarely succeeds.

April 23, 2018

Larry Swedroe on Bloomberg's ETF IQ: Shrinking Pool of Investors Hits Active Investing

Larry Swedroe talks to Bloomberg ETF IQ host Scarlet Fu in an interview that tackles topics ranging from the Yale endowment to passive fixed income funds and the hurdles facing active managers.

March 29, 2018

Factor-Based Investing Remains Alive and Well

After looking into whether the "curse of popularity" has impacted factor premiums' sustainability, Larry Swedroe can only conclude that it seems clear rumors of the death of factor-based investing are premature.

March 27, 2018

Active Management Can’t Crack Inefficient Markets

Larry Swedroe unpacks the newly released year-end 2017 SPIVA report and its look at active management's underwhelming performance.

March 15, 2018

Think Markets Are Moody? How About Investors?

Buckingham's Helen Modly offers CNBC some facts and figures to help investors combat irrational fears and avoid bad financial decisions.

February 15, 2018

Putting Market Volatility In Perspective

February 12, 2018

Factor Performance Across Business Cycles

A recent study explores how Fama-French factors perform across various stages of recession and recovery.

February 07, 2018

Expect Volatility

Dips in the stock market over the last few days jolted a lot of investors. But, as Buckingham's Sue Stevens explains, volatility is normal (even if we're out of practice for it), and the best course of action right now is simply to do nothing.

February 06, 2018

Has the Size Premium Disappeared?

There are some logical explanations for why the size premium may have shrunk, but, as Larry Swedroe shows, there are also simple, intuitive and risk-based explanations for why it should persist.

January 12, 2018

The Crucial Nature of Patience and Diversification

Larry Swedroe explains why new research into the volatility of equity risk premiums shows that patience and factor diversification are crucial.