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BAM Intelligence

Turns Out the “Smart Money” Isn’t

Turns out the “smart money” often isn’t. Larry Swedroe on who, exactly, exploits market anomalies. Read more

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Are Mutual Funds “Smart Money”?

A new study looks for “smart money” in mutual fund inflows. Larry Swedroe unpacks what it found. Read more

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Let’s Redefine ‘Smart Money’

The reality is that the “smart money” is dumb, and what is currently viewed as “dumb money” is smart. Read more

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The ‘Smart Money’ Is Dumb

Calling something smart doesn’t make it so. Read more

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