Larry Swedroe

Adding unique exposures is the most efficient and prudent way to reduce left tail risk.

Dollar-cost averaging is an inferior investment strategy.

Falling valuations mean that future expected returns are higher.

The evidence demonstrates that we should have a healthy skepticism about the accuracy of forecasts.

A large body of evidence demonstrates that market forecasts from 'gurus' have no value in terms of adding alpha.

Where’s the impact?

Do credit spreads provide information on the economy and equity markets?

Active investors are engaging in a massive transfer of wealth—from their own wallets into those of active managers.