Image Credit: Christophe Vorlet By Jason Zweig | May 27, 2016 11:14 am ET As investors search for bargains in a world of overpriced assets, they should be guided by the EMH. That isn’t the Efficient Market Hypothesis, which holds that the price of a security reflects all available information. It’s my own Emetic Market Hypothesis, which says if the mere...
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Image Credit: Christophe Vorlet By Jason Zweig | May 20, 2016 12:19 pm ET A type of investment that is up 11.5% so far this year, often pays hefty income and is trading at a discount might sound like perfection. Instead, the quirky funds producing these results are a reminder of why skepticism is the cardinal investing virtue. Two or three years ago,...
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By Mary Pilon, Karen Blumenthal and Jason Zweig | May 15, 2010 12:01 a.m. ET Image credit: Rich Anderson, “Mixed Messages” (2009), Flickr Creative Commons Last Thursday’s “flash crash” gave investors a crash course in the perils of stop-loss orders. A stop-loss order is designed to protect investors by triggering a sale...
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Image Credit: Christophe Vorlet By Jason Zweig | May 13, 2016 11:53 am ET Earlier this month, eight pension funds appeared in a full-page ad in The Wall Street Journal asking asset-management firms to sign a code of conduct that commits them to treating clients fairly. The effort, 10 years in the making, says a lot about how far the investment business...
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Image Credit: Christophe Vorlet By Jason Zweig | May 11, 2016 9:23 am ET Go big or go home. If you want to settle for matching the market, buy an index fund that will buy every stock or bond in the basket. But if you want to try doing better, aim big: Buy a fund that makes a few huge bets that look nothing like the market. That used to be the message...
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