A Safe Haven for Intelligent Investors
People are always asking me what I m reading. Because I think and talk and read about investing all day long, I typically don t read financial or business books in my spare time. When I m not working, I read classic fiction, history, books about art, or any book that just looks good so long as [ ]
Investors who conquer stock-phobia have an edge over those too focused on their rearview mirror By Jason Zweig Oct. 4, 2008 12:01 am ET During the Great Depression, an entire generation became convinced that owning stocks was dangerous. But if you were among the courageous few who bought and held stocks during and after the Depression, you [ ]
An interview with Bill Miller In 2007, I sat down for a long interview with Bill Miller, then the manager of Legg Mason Value Trust. Here s the unedited Q A. [money.com, July 18, 2007] The streak is over, but Bill Miller remains the iconic fund manager of his generation. As manager of Legg Mason Value Trust, [ ]
A sneak peek at the newly revised edition of Benjamin Graham's masterpiece, "The Intelligent Investor."
Index funds are a great way to match the performance of the market. So why do so many investors end up falling short? Index funds have made investing simple—but not easy. These portfolios that seek to match, rather than beat, a market’s returns usually charge extremely low fees and generate low tax bills. If you [ ]
Just about every volatility storm in the markets quickly morphs into a baloney blizzard, as Wall Street’s market strategists and a swarm of online pundits pretend to explain what just happened and concoct predictions of what will happen next.
One of the world’s most celebrated hedge-fund managers just pulled the plug on a new fund. He might have gotten a warmer welcome if the deal had been better for all.
How high fees and low returns hurt a nonprofit that trusted a local financial adviser.
The time seems just right for active stock pickers to beat the market. Why, then, are they doing even worse than usual?
When billions of dollars gush into an ETF that just reported big gains, more gains can soon follow. The problem: The investors themselves are driving those gains—and will suffer when their impact fades.