At Bland Garvey, we advocate for evidence-based investing so we can bring logic, transparency and simplicity to your investment experience.
Over the past few decades, there has been a substantial shift from active to passive investment strategies. Larry Swedroe unpacks new research into its potential repercussions for liquidity, volatility and market efficiency. Over the past few decades, there has been a substantial shift from active to passive investment strategies. Active strategies give managers discretion to…
After unpacking new research into how expense ratios and turnover impact returns and their dispersion, Larry Swedroe explores how the study’s findings inform what we know about active mutual funds, active share, and volatility. A vast body of research provides powerful evidence of the failure of active management to generate persistent alpha (risk-adjusted outperformance). For…
Behavioral research has found that happiness tends to increase along with income—up to a point. Larry Swedroe looks at why understanding how wealth affects happiness can play such an important role in retirement planning. There’s a cliché that money can’t buy happiness. Is that true? Thanks to research from Nobel Prize-winning economist Daniel Kahneman and…