Now that Richard Thaler was awarded this year’s Nobel prize for economics last month, behavioral economics is all the rage again. Daniel Kahneman won the same Nobel prize back in 2002 for his work behavioral economics work with his late partner Amos Tversky. These...
Have you ever taken the time to understand who constructed your company 401(k) retirement plan mutual fund menu? If you work at a large Fortune 500 company, a high-priced retirement plan consulting firm picked your company 401(k) retirement plan mutual fund options....
Mutual funds are the Rodney Dangerfield of the U.S. investment management landscape because “they get no respect.” My apologies to the young readers of this blog post. My two college kids had no idea who that was either. I linked his Wikipedia profile page to his name...
October is surely the best month of the entire year for a sports fan. NCAA and NFL football are in full swing. The NBA and NHL regular seasons begin this month. And the MLB playoffs are already as exciting as ever. In Minnesota, we celebrated another WNBA championship...
The 2017 Quantitative Analysis of Investor Behavior (QAIB) study was published recently. Since 1994, this study measures the effects of the investment decisions that individual investors make to buy, sell, or hold on to their mutual fund investments. Let me save your...
William Shakespeare, as everyone knows, is the most famous playwright in history. His plays have been translated into every major living language, and it’s said his works have been studied more than any but the Bible. For centuries, people have loved him for his wit...
