At the beginning of every season, sportscasters often forecast who will triumph. They usually are wrong. Stock pickers are no better. With stocks, though, you can back a whole bunch of teams at once. That’s called diversification, and it has a pretty good record. The professional talking heads on … [Read more...] about Stock Picking vs. Diversification
DFA
Still Trying to Pick Stock Winners? How Capitalism Works
This post was guest written by Brad Steiman with our partner Dimensional Fund Advisors (DFA) Canada. (Unlike some of the current thinking in the press, it deals with how people are rewarded for investing, not at the expense of other people, but as a reward for providing capital.) It is not … [Read more...] about Still Trying to Pick Stock Winners? How Capitalism Works
Why we use passive investing
We always stress the impact that investor's own behavior has on their own investment performance. This post deals with the secondary issue which is what investment portfolio you should own. The questions is: should you hire someone to try and pick the winners (active management) or just own all … [Read more...] about Why we use passive investing