Larry Swedroe

The Problem With 'Swinging For The Fences'

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Investment managers who swing for the fences might get investor attention. But they often strike out.

Public Or Private Debt?

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Which one is better for your fixed-income allocation?

Fund Managers Who 'Swing For The Fences' Often Strike Out

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Such managers attract investors, but a new study shows they do not deliver superior performance.

Why Private Credit Beats Public Debt For Fixed Income Allocation

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The higher expense ratio of private investments shouldn't dissuade investors.

Owning Individual Stocks: A Loser's Game

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Most stocks have reduced rather than increased shareholder wealth.

Owning Individual Stocks: A Loser's Game

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While a large equity risk premium has been available to investors, a large majority of stocks have had negative risk premiums.

Why Concentrated Stock Positions Are A 'Loser's Game'

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Increasing diversification reduces portfolio volatility and usually increases portfolio returns.

The Diminishing Role Of Active Funds

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As evidenced by S&P's SPIVA reports, actively managed equity mutual funds persistently underperform.

Challenging The High-Dividend-Yield Stock Narrative

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Investors are better served by directly targeting factor exposures in their portfolio rather than using a dividend screen.