It’s not easy to find an actively managed fund that does what it is supposed to, which is to provide above average and not below average returns. MFS is doing its best. It is actually pretty amazing how so many poor performing mutual funds there are out there, and how people continue to invest in […]
Investing in stock indexes doesn’t require any skill in stock picking at all. How can no skill beat the presumed skill of fund managers? They obviously aren’t using much skill. Actively managed mutual funds have quite a few limitations versus what we can do with our own accounts as individual investors. If we are considering […]
Fund Manager Paul Hogan is said to beat 99% of his peers that he shares a part of the investment forest with. This can allow us to fail but still be able to brag about the failure. You would think that the world of mutual funds would be set up so that we may compare […]
Actively managed mutual funds, where fund managers pick the stocks in the fund, may be in decline, but many fund managers are looking to do more with their voting rights. One of the perks of stock ownership is being able to decide matters related to the company’s operations, by way of voting your shares. Common […]
Successful fund manager Chris Mack shares with us some of the things that has led to his fund outperforming the competition. While we may profit from such tips, they play a different game. Being a successful fund manager is a pretty challenging affair, as managing a huge amount of money and managing to beat what […]
Human behavior does affect the price of stocks in a meaningful way, as evidenced by the work of Richard Thaler, who even has a fund to show this work in real life. There is a view out there that financial markets are perfectly efficient, based upon two major principles that simply do not hold true […]
Vanguard started out in 1975 with a novel idea of managing mutual funds. This idea has really caught on over the years and has propelled Vanguard to the top of the heap. The world of mutual funds has historically been a battle between those who can build the best portfolios and outperform the broader market […]