My first distinct memory of money was during a night out with my family at a local pizza shop. I don’t remember how old I was, but I’d guess no older than six or seven. The restaurant had a jukebox and I asked my dad for money to pick out a song. Instead...
When I look through the funds that investors use – be it an individual, institution, or 401(k) plan – I’m always amazed by the high fund expenses. People are more fee aware than ever, but they still don’t give fees as much weight in their decisions as they do...
Filling out a bracket for the NCAA basketball tournament reminds me so much of investing because it balances expertise, future expectations, risk, and reward. Winning also requires a healthy dose of luck along the way. There are six lessons from March Madness we can...
A factor is a characteristic or trait that explains portfolio returns. Implementing a factor investing strategy means targeting securities with characteristics that you’d expect to generate different returns than you’d earn from owning the entire market. For example,...
Confirmation bias is the tendency to seek out information that supports your beliefs and ignore information that contradicts it. To better understand how this occurs, below is a variation of a popular logic puzzle that uses four cards to test a simple rule: “If the...
