The Bet In 2008, Warren Buffett issued a challenge to the hedge fund industry, which in his view charged exorbitant fees that the funds’ performances couldn’t justify. Mr. Buffett contended that, including expenses, a passive strategy invested the low-fee Vanguard… Read More ›
It is not that our seasonal strategy beat the indexes in spite of the bear markets, it beat them because of the bear markets. Without the market’s valuation reset in each bear market (and the unfavorable season), there could not… Read More ›
How does triple witching affect index funds? I took a look at the daily price action the week prior, the week of and the week after a triple witching to see if we could break out any patterns. I used… Read More ›