In the past several weeks, as the market has been hitting new highs, we have received several questions about what this means for investors. A common viewpoint is that if the stock market is [...]
Traditional Funds vs. Index Funds vs. Enhanced Index Funds A common investment myth, among professional and non-professional investors alike, is that with easy access to copious amounts of [...]
The enactment of a $787 billion stimulus package into law on February 17th provided little respite for a stock market that is flush with poor economic news and gloomy prospects. Minutes released [...]
The focus of this quarter’s letter is on developing estimates for market returns. This process is referred to as “developing capital market expectations” or “CME”. First, we will discuss what we [...]
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