Image credit: Francis Miller, “Unabashed Bargain Hunters” (1957), LIFE Picture Collection (Google Arts & Culture) By Jason Zweig and Anne Tergesen | Updated Jan. 11, 2018 9:50 am ET The Massachusetts Securities Division confirmed that it sent letters of inquiry to the three largest discount brokers by assets, Fidelity...
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Image credit: Yale Joel, “Quincy Bargain Sale” (1951), LIFE Photo Collection (Google Arts & Culture) By Jason Zweig and Anne Tergesen | Jan. 10, 2018 12:08 p.m. ET Investors who seek advice from discount brokerage firms might assume the counsel they get is impartial, given how these firms have rejected the old...
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By Jason Zweig | Jan. 8, 2018 8:34 pm ET Image credit: Umberto Boccioni, “Plasticity,” Museo del Novecento, Milan (Wikimedia Creative Commons) Perhaps the least appreciated aspect of the rise of passive fund management and the decline of active is how shamelessly the active-management industry has contributed to its own collapse. Index...
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Image Credit: Christophe Vorlet By Jason Zweig | Jan. 5, 2018 11:22 am ET Forget Dow 25000. Every year is full of surprises, but there are a few things every investor should expect to see happen in 2018. With companies moving less in lockstep, professional investors will declare this a “stock pickers’ market.” Asset managers will proclaim...
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By Jason Zweig | Jan. 1, 2018 1:35 p.m. ET Image credit: Pieter Bruegel the Elder, “Two Chained Monkeys” (1562), Gemaldegalerie, Berlin, via Google Art Project Here, from my archives, is a piece I wrote about how portfolio managers were being shackled by “the style police,” investment consultants and financial planners who...
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