Tag Archives: Expenses
Dan Ariely on “Asking the right and wrong questions”
Dan Ariely, author and professor of behavioral economics, wrote an interesting blog post yesterday Asking the right and wrong questions From a behavioral economics point of view, the field of financial advice is quite strange and not very useful. For the most part, professional financial services rely on clients answers to two questions: How much of […]
Mutual Funds a ripoff?
Maybe that’s pushing it a little bit, but the fact is that the vast majority of mutual funds, mostly actively managed, add more in costs than they do in value. A net loss to the investor compared to what he should be paying. David Swenson, chief investment officer at Yale University (he manages their huge […]