Two portfolios both returned 15% last year. Identical result on paper. But Portfolio A drifted there steadily, while Portfolio B lurched fro

Most investors spend their time trying to pick the funds that will beat the market. The uncomfortable truth is that after costs, most of the

The missing 3% has a name: the behavior gap is the difference between the return a fund actually earns and the lower return its investors ac

The oneline read: A bank with genuinely improving fundamentals is trapped in a noman'sland chart — bounced hard off a June low, but stalling