Whenever investors proclaim the death of an investing strategy, it’s often a buy signal. During the first 11 months of the year, Bill Miller's Legg Mason Value (LMVTX) lost 58 percent, more than 20 percentage points behind the S&P 500...
Much of the confusion about what an absolute-return portfolio is arises from the rather cavalier way that some of these funds are labeled. Many funds are advertised as absolute-return plays simply because of their low correlations to market...
If only financial institutions could invest as smartly as they contributed to Congressional and presidential campaigns, why, there would be no economic crisis at all
These days everyone is suffering. The media has been all over the story of the credit bust, the drop in housing values, the stock market's dive since Labor Day, and how these events have wiped out the American Dream. Financial advisors and other...
The growing number of retirees, their increased life expectancies and the size of their savings led us to wonder: How much accumulated income-producing wealth is needed to maintain a desired lifestyle? In other words, given a target level of...
