Tag: mutual funds

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Current Events, Numberscruncher

Numberscruncher: Perfectly Imperfect Information

Eugene Fama is the Susan Lucci of the Nobel Prize world. He not only developed the Efficient Markets Hypothesis, which sits beneath almost...

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Current Events, Numberscruncher

Numberscruncher: Mutual Funds and Mutual Conflicts

Last week, I went to a security analysts’ luncheon featuring John Bogle, the retired founder of the mutual fund company Vanguard...

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Current Events

Thinking Like a Trader

Financial theory starts with two key assumptions: first, that markets are efficient; second, that investors are rational. And, of course,...