Image Credit: Charles J. Sharp, Wikimedia Creative Commons By Jason Zweig | Oct. 21, 2016 10:30 am ET Even in the era of index funds, humans have fundamental investing advantages that no machine will ever replace. So says Will Danoff, manager of Fidelity Investments’ $108 billion Contrafund, the biggest actively managed stock or bond mutual fund run by...
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By Jason Zweig | Oct. 20, 2016 4:05 pm ET Image credit: Rainswept vista of Austin, Texas, from Dimensional Fund Advisors’ headquarters (Jason Zweig, 2016) Dimensional Fund Advisors L.P. may be little known publicly, but it’s legendary among eggheads who love debating investing theory. “What really makes Dimensional different is they think...
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By Jason Zweig | Oct. 20, 2016 2:59 p.m. ET Image credit: James Turrell light sculpture in lobby of Dimensional Fund Advisors’ headquarters (photo: Jason Zweig, 2016) AUSTIN, Texas—The fastest-growing major mutual-fund company in the U.S. isn’t strictly an active or passive investor. It’s both. Dimensional Fund Advisors LP, or DFA, is the...
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By Jason Zweig | Oct. 21, 2016 7:48 pm ET Image credit: Utagawa Kuniyoshi, “View of Onmaya Embankment in the Eastern Capital” (ca. 1831), Museum of Fine Arts, Boston Here’s a column I wrote in 2002 on Murphy’s Law of Investing: whatever you buy will go down right after you buy it, and whatever you sell will go up right after...
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By Jason Zweig | Oct. 21, 2016 7:48 pm ET Image credit: A woman being “sawed in half” by magician Horace Goldin, photo by Milbourne Christopher (1958), Wikimedia Commons Companies have stopped splitting their stock, as I wrote recently, and nobody seems to know why. Then again, nobody seems to know why companies were splitting their...
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