Burton Malkiel – one of my thesis advisers at Princeton – has long touted index funds since individual stock movements are are tough to predict and since index funds outperform most actively managed funds.
He details his case in todays’s WSJ editorial “You’re Paying Too Much for Investment Help”
Here’s the essence of Malkiel’s argument …
I got an email yesterday announcing …
Nice idea, but reminded me of 2011 when we posted:
Flashing back …
According to SI:
A wild brawl broke out between Georgetown and a Chinese men’s basketball team Thursday night, putting an immediate end to a supposed goodwill game that coincided with U.S. Vice President Joe Biden’s visit to the country.
The benches cleared and fights erupted all over the court with about 9½ minutes left in the fourth quarter.
Georgetown is in China on a 10-day trip which has been cited by the U.S. State Department as an example of sports diplomacy that strengthens ties between the two countries.
Question (after viewing the video): With a population of 1.3 Billion (with a “B”), don’t you think the Chinese should be able to fill a high school gym for a game against the Hoyas?
Thanks to social media, today’s teens are the first to have a complete record of their whole lives — their thoughts, their actions, and their friends.
Eric Schmidt — Google chairman and ex-CEO — worries, however, that they’ll be the first who’ll never be allowed to forget their mistakes.
Schmidt says: “People are now sharing too much.”
More specifically, privacy pundits say that it just takes your name, zip code and birth date to ID you and start linking your online and offline personal data … forever.
Now, Pew has published a research study re: teen’s online habits .
Here are the Pew results …
The Homa Files 