“Data! Data! Data!” he cried impatiently. “I can’t make bricks without clay.” -Sir Arthur Conan Doyle, “The Adventure of the Copper Beeches”¹
As an investor, you shouldn’t need to play detective to identify the best investment vehicles. You should, however, … Read more
In 2008, the world’s most famous investor made a bet. Warren Buffett, also known as the Oracle of Omaha, wagered Protégé Partners that the returns generated by its hedge fund strategy would not outpace that of a low-cost index fund … Read more
In a prior blog post, I debunked the myth that millennials were staying out of the stock market. That was good, but I came up with a new head-scratcher. Retirees are maintaining high equity allocations throughout retirement, and the allocations … Read more
Today we’re expanding our investigation into ETF urban legends. No, it’s not true that there are spider eggs in your exchange-traded fund, but let’s look at two more urban legends that touch on taxes and trading.
ETFs are tax-free
A … Read more
When I think about investment returns, I also wonder why we always chase returns we want, versus accepting returns we need to meet our goals. For ourselves and relative to our peers, we’re always looking to do better, achieve more, … Read more
Alligators live in the sewers of New York City. Elvis is alive. Twinkies have an infinite shelf life. Popular urban legends one and all! There are also popular urban legends about exchange-traded funds (ETFs).
The media gets a lot right … Read more