A new study suggests that the book-to-market ratio—long used by value investors to gauge the value of a company– should be replaced by the retained earnings-to-market ratio due to its…
Day: February 13, 2020
Is Vanguard Getting Too Big for America’s Britches?
Fund manager Vanguard (AUM $6 trillion) has reshaped more than the rural Pennsylvania it calls home, according to an article in the Financial Times that discusses how the firm has…
Humans Dismiss Facts that Run Counter to Their Worldview
While it would seem that factual disputes should be easily resolved with hard facts, according to a recent FastCompany article “things don’t work that way when the scientific consensus presents…