Image Credit: Christophe Vorlet By Jason Zweig | Jan. 27, 2017 12:13 pm ET With investors fleeing mutual funds that charge high fees, some fund companies have finally been cutting expenses. Others, it seems, have been burying them. Consider the odd contortions that managed-futures mutual funds go through in disclosing their expenses to investors. If...
Read MoreWinning the Home Run Hitter’s Game
By Jason Zweig | Jan. 29, 2007 11:30 a.m. ET Image credit: Babe Ruth at bat, Charles M. Conlon (1916), Mears Auctions, Wikimedia Commons A decade ago, I did a series of thumbnail interviews with respected figures in the investing world. This, with the witty and wise Ralph Wanger, remains one of my favorites. I hope you enjoy it, too. Winning the...
Read MoreDow 20000: Don’t Be Euphoric. Be Very Cautious
Image Credit: Yale Joel, “Stock market salesman with binoculars” (1957), Life Photo Collection, Google Art Project By Jason Zweig | Jan. 25, 2017 11:28 a.m. ET I wonder what happened to my “Dow 10000” hat. A broker on the floor of the New York Stock Exchange gave me one of those commemorative baseball caps back in March 1999, as the Dow...
Read MoreDon’t Let Other Investors Make Up Your Mind
Image Credit: Christophe Vorlet By Jason Zweig | Jan. 20, 2017 2:24 pm ET Confidence is contagious. But acting on it can be dangerous. Although it has slipped a bit lately, the S&P 500 stock index is up almost 6% since Election Day, and surveys show that investors are feeling sharply more optimistic. It’s fine to bask in that good feeling if you...
Read MorePerformance Peek-a-Boo
By Jason Zweig | Jan. 16, 2017 7:30 p.m. ET Image credit: Eastman Johnson, “Bo-Peep” (1872), Amon Carter Museum of American Art Can bad returns be buried? Can good returns be created out of thin air? Here’s a look back at the games that mutual funds used to play with performance — and that some still do. The rules limiting an...
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