According to a study published in the New England Journal of Medicine, there’s a direct correlation between the technical skill of the surgeon and fewer post operative complications. That’s not surprising.
Leon Cooperman is one smart guy. According to a recent article in the New York Times, Mr. Cooperman was one of the “early standard bearers of the hedge fund industry.”
Knowledge of how data is presented to you may be your best defense when evaluating the track record of active fund managers.
Here are my 10-star rated funds for mutual funds that track the U.S. stock market using various indexes.
I can define factor-based investing simply, but implementing is complex. In this White Paper, Vanguard defines factors as the underlying exposures that explain and influence an investment’s risk.
There’s one type of risk that seems positive, but can have very negative consequences. This might explain why many investors don’t see it coming until it’s too late. It’s called “longevity risk.”