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BAM Intelligence

Why Investors Defy the Evidence and Continue to Play the Loser

Larry Swedroe offers some explanations of his own, then unpacks a study that suggests a form of the conjunction fallacy has a role in active management’s survival. Read more

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If You’re a .400 Hitter, Maybe Then You Can Beat the Market

The competition for alpha is getting ever tougher. Columnist David Nicklaus on the paradox of skill and the new book from Larry Swedroe and Andy Berkin, “The Incredible Shrinking Alpha.” Read more

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Why Alpha is Getting More Elusive

Read an advance excerpt of Larry Swedroe and Andrew Berkin’s new book “The Incredible Shrinking Alpha” coming in January 2015! Read more

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