By Christopher Carosa, CTFA | January 15, 2013
For retirement and retail investors alike, has Morningstar and its kin passed their collective “use by” date?
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Posted in Due Diligence | Tagged 401k, Churchill, David Nanigian, democracy, Elle Kaplan, Joshua Ziering, Lipper, Michael Prus, Morningstar, Multi Cap, retirement, Rich Winer, Robert Massa, Style Box, Tim Dyer, Timothy Yee, Todd Tresidder
By Christopher Carosa, CTFA | December 4, 2012
Do the answers 401k investors seek lie in its past?
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Posted in Due Diligence | Tagged 2006 Pension Protection Act, 401k, Jason Zweig, Lipper, Managed Portfolio, Modern Portfolio Theory, Morningstar, mutual fund, One Portfolio, pension, profit sharing, Scott Holsopple, Style Box, Timothy G. Parker
By Christopher Carosa, CTFA | January 12, 2010
With the decline of Modern Portfolio Theory as the default operative model, sophisticated investors seek the Holy Grail – the theoretical basis for determining when active will beat passive and when passive will be active. Has it now been found?
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Posted in Due Diligence | Tagged active, behavioral economics, behavioral finance, Efficiency Hypothesis, Fiduciary News, FiduciaryNews, Index, Index Funds, indexing, Journal of Investing, Lipper, Lost Decade, Modern Portfolio Theory, Morningstar, passive, passive-active, Purity Hypothesis, Snapshot-In-Time Anomaly, Thatcher, The Journal of Investing, Willaim R. Thatcher
By Christopher Carosa, CTFA | January 5, 2010
Awful returns suggest investors should have shunned equities during the century’s first decade. Or do they? A closer examination reveals a surprising conclusion, one that might upset the fastest growing segment of the financial industry.
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Posted in Due Diligence | Tagged 401k, active, behavior, behavioral economics, behavioral finance, Dow, Dow Jones, Dow Jones Industrial Average, Due Diligence, fiduciary, Index, Index Funds, liability, Lipper, Lost Decade, Mutual Fund Survivorship, NASDAQ, passive, passive-active, recency, S&P 500, Snapshot-In-Time Anomaly, Standard & Poor's 500, Standard and Poor's 500, survivor bias, The Emperor Exposed, The Lost Decade, The Wall Street Journal, USA Today, USAToday, Wall Street Journal
By Christopher Carosa, CTFA | November 30, 2009
Want to know when Active Beats Passive? A Journal of Investing study may just have the answer.
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Posted in Due Diligence | Tagged active, Bernstein, Bogle, Carhart, Efficiency Hypothesis, ERISA passive-active hybrid, Hammond Associates, Index, Index Funds, indexing, JFP, Journal of Financial Planning, Large Cap, Lipper, Mid Cap, Modern Portfolio Theory, Morningstar, MPT, MSCI, Multi Cap, MultiCap, Mutual Fund Survivorship, passive, passive-active, Purity Hypothesis, Review of Financial Studies, Russell, S&P, Small Cap, Snapshot-In-Time Anomaly, Standard & Poor's, Thatcher, The Emperor Exposed, When Indexing Fails, Willam Bernstein, William R. Thatcher
