Evidence Based Investing

How does a Friendly Financial Firm Compare to a Truly Caring Firm?

As I formed the business every decision was tested by asking, "Does this decision serve our future clients by maximizing the probability that they achieve their financial goals?" We gently hold you accountable to taking the actions necessary to get on a better path financially, even when that is uncomfortable for us.

What if it were legal to use insider information?

Companies make billions with this, don't they? Shouldn't they? They not only have insider information - that have "perfect insider information" - they're running the company for Pete's' sake! If anyone knows their future success, it's the executives running each company, right?,,,A recent article "Companies lose billions buying back their own stock" by AP Business Writer, Bernard Condon, demonstrates that even with perfect insider information, investors of their own company stock may lose big.

An Active Manager Strikes Out

Larry Swedroe of BAM had an interesting encounter with an actively managed fund family Third Avenue that not only insisted that their firm's results were good - they insisted they were competitive against evidence-based investing. On top of that, one of their executives decided to denigrate the pioneering work of Dr. Eugene Fama, an economic Nobel Laureate prize winner.