Alternatives
A collection of 6 posts
Complex Doesn’t Mean Better
FUNDS FOCUS — ALTERNATIVES | Explaining why you can pass on Vanguard’s two most complex funds—Market Neutral and Commodity Strategy.
Restarting the Cycle
A reboot has served Global Capital Cycles well, but that doesn’t make it a winner.
Location, Location, Location
I’m committed to owning a globally diversified portfolio. But does that require a foreign real estate fund?
Revved Up Real Estate
Real estate has delivered stock-like returns but with far greater risk than you’d think, given the fundamentals. What’s an investor to do?
Vanguard’s Active Managers Cry Uncle
Vanguard is throwing in the towel on two of its active strategies: Alternative Strategies (VASFX) and Managed Allocation (VPGDX). The firm hasn’t given up on active entirely, but this is a big admission that, as I’ve said many times, adding complexity doesn’t lead to better investment outcomes.