Image Credit: Heath Hinegardner By Jason Zweig | March 27, 2010 12:01 a.m. ET Where have all the geniuses been hiding, and why have they suddenly been popping up everywhere? When the first quarter’s performance numbers come out next week, they will likely look impressive — again. In 2009, 95% of intermediate bond funds beat the...Read More
Behavioral Finance: What Can Investors Learn From Their Mistakes?
By Jason Zweig | March 20, 2010 Image credit: William Hogarth, “The Laughing Audience,” etching, 1733, National Gallery of Art In this 16-minute video with Gregory Seals for the CFA Institute, I talk about the loss of trust and the difficult work of restoring it; the pseudo-scientific farce of risk-tolerance questionnaires; and why so...Read More
When the Bubble Burst: Companies Won, Investors Lost
Image Credit: Jean-Baptiste-Simeon Chardin, “Soap Bubbles” (ca. 1739), Los Angeles County Museum of Art By Jason Zweig | March 10, 2010 12:01 a.m. ET Ten years ago, investors knew that technology would change the world, and they were right. But you can be 100% right about the future and end up with zero to show for it if you...Read More