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Journal Article

Bad Habits and Good Practices (Supplement)

A supplement to our article about the habits that may hinder long-term investment performance: multiyear return chasing, under-diversification and comfort seeking.


Journal Article

Defined Contribution Retirement Plans Should Look and Feel More Like Defined Benefit Plans (Supplement)

A supplement to our paper published in the Winter 2017 issue of The Journal of Portfolio Management.


Journal Article

Defined Contribution Retirement Plans Should Look and Feel More Like Defined Benefit Plans

Defined contribution (DC) plans have, to this point, delivered uneven and sometimes inadequate results.


Journal Article

Bad Habits and Good Practices

This article focuses on the habits that may hinder long-term investment performance: multiyear return chasing, under-diversification and comfort seeking.


Journal Article

Buffett's Alpha

[Winner of the CFA Institute's 2018 Graham and Dodd Award] What is the secret to Warren Buffett's success? We seek the answer via a thorough empirical analysis in light of some the latest research on the drivers of returns.


Trade Publication

Where the Wild Things Aren't: Using Derivatives and Leverage to Improve Portfolio Performance

In the current world of modest risk premia, investors face a choice to limit their investment options, or diversify and build more stable portfolios.