""Once the Bozo's know about it, it doesn't work anymore."
So that got me wondering if Larry is suggesting that the "semi-active" index-types like Dimensional and Avantis aren't going to work out in the future for the same reasons that more fully-active funds don't beat true indexing."
https://www.advisorperspectives.com/art ... vercrowded
https://www.morningstar.com/portfolios/ ... it-matters
Seems from several recent articles that he still believes in small value premium. However, as everyone knows he now advocates adding alternative funds to offset a shrinking alpha and to mimic successful hedge fund returns.
Wonder if his new book mentioned those and if Rick politely avoided a potentially controversial discussion.
So that got me wondering if Larry is suggesting that the "semi-active" index-types like Dimensional and Avantis aren't going to work out in the future for the same reasons that more fully-active funds don't beat true indexing."
https://www.advisorperspectives.com/art ... vercrowded
https://www.morningstar.com/portfolios/ ... it-matters
Seems from several recent articles that he still believes in small value premium. However, as everyone knows he now advocates adding alternative funds to offset a shrinking alpha and to mimic successful hedge fund returns.
Wonder if his new book mentioned those and if Rick politely avoided a potentially controversial discussion.
Statistics: Posted by vencat — Wed May 22, 2024 6:00 pm — Replies 30 — Views 5832