Returns

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Managing Investor Expectations: Where is The Yield

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Declining Return, Rising Risk

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Yields No Longer Compensate For Volatility

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Are Most Managers Any Better Than A Simple Index?

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How Difficult to Pick a Manager That Stays in Business and Outperforms Their Benchmark

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Institutional Manager Selection By Class/Style: Cumulative Return of Hired Minus Fired Managers (1985-2007)

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Institutional Manager Selection (1994-2003)

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Average Stock Fund Return vs. Return of the Average Stock Fund Investor

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US Stock Market Crashes (1871-Aug 2015)

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Rolling 5-Year S&P 500 Correlations

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