A must read for anyone who buys actively managed mutual funds. Ron Elmer explains how mutual funds game the system by merging, closing or changing style to make their bad returns look good.
Yet another reason to index. You do index don't you????
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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What's going on with inflation?
I recently posted an article on the Poole College Thought Leadership page titled: " What's going on with inflation?" . This w...
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I recently posted an article on the Poole College Thought Leadership page titled: " What's going on with inflation?" . This w...
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Another inflation illusion post. This time with math. Again the issue here is that you can't just increase the discount rate when you a...
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Sometimes I come across an academic research paper that is just so interesting I feel compelled to share it with my MBA students. This is o...
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