Why Worry About Survivorship Bias?
For actively managed US equity mutual funds over the period from 1991 to 2020, survivorship bias overstates the median fund alpha by 0.60% per year: The median fund alpha … Read More
For actively managed US equity mutual funds over the period from 1991 to 2020, survivorship bias overstates the median fund alpha by 0.60% per year: The median fund alpha … Read More
It’s probably not news to most value investors that the value premium has struggled over the past decade. What might be news is just how extreme an outlier recent value … Read More
OCTOBER 2020 – In this issue Play the Center Square – And Dominate! 401(k) Loans and Unemployment – A Bad Combo Deposits: How Magic Happens! The Household CFO: Efficient or … Read More
In contrast to literary tales of sleeping giants who awaken and immediately unleash their power, things are often less predictable in the real world. When it comes to investing, sometimes … Read More