Section
active investing
357 posts
Where Macro Meets Opportunity: A Time-Tested, Three-Pillar Approach to Global Equities
Listen on The Move When the market itself quietly becomes the concentration risk, a top-down process built…
No Country for Old (or Young) Men
by William Smead, Chief Investment Officer of Smead Capital Management Dear fellow investors, One of my favorite movies…
The Conviction Gap: What Most Advisor Portfolios Are Missing at the Core
Most advisor portfolios mistake active weight for manager conviction. Franklin Templeton's five-factor core equity suite fixes that, starting with a proprietary conviction signal that extracts what managers actually believe.
Alpha Architect's Wesley Gray: The Invisible Risks Inside Every Portfolio
Listen on The Move What if the portfolio your clients think they own is actually just an…
The Conditions Were Perfect. 67% Still Lost.
The question is no longer whether active management faces structural headwinds. The question is what it would actually…
The Earnings Engine and the Expensive World: What Schroders' September Equity Lens Reveals
The central question Schroders poses in its September 2026 Equity Lens1 is deceptively simple: by how much should…
Twenty-Five Years Off the Benchmark: Inker on Why 1999 Is Rhyming Again
In a new GMO white paper, 25 Years of Benchmark-Free Investing1, Ben Inker, Co-Head of GMO's Asset Allocation…
Do Stocks Beat Treasury Bills? The Answer Isn't What You'd Think
Hendrik Bessembinder of Arizona State's W.P. Carey School of Business opens his landmark study, "Do Stocks Outperform Treasury…
Passive in Name Only: Your Index Fund Just Made an AI Bet Without Asking You
Every allocator has a line item marked "passive equity" — the boring bucket that doesn't eat into the…
When the Machine Replaces the Market
Michael Green Tells Pierre Daillie and Adam Butler the Passive Bid Is No Longer a Background Feature. It…
Is the Biggest Investing Solution Becoming the Market's Biggest Problem?
Listen on The Move If markets no longer price value, then what's actually setting the price? Raise…
Inner Workings of Active Passive
by Brett Gustafson is an Associate Portfolio Manager, Purpose Investments It has been about three years since we…
The Passive Trap: How Index Investing Is Working Against Active Managers
Follow the Money: Why Capital Flowing Into Index Funds Is Quietly Undermining Active Fund Returns The Problem That…
Do Stocks Outperform Treasury Bills? The Question Is Less Nonsensical Than It Sounds
Hendrik Bessembinder of Arizona State University's W.P. Carey School of Business opens his landmark study, "Do Stocks Outperform…
The Race to Zero Is Losing Ground
What the ETF industry's structural shift means for advisors and investors
The Moat Hunters: Why AI Disruption Is a Stock-Picker's Market, Not a Bargain Bin
Kai Wu of Sparkline Capital argues the software selloff isn't a value opportunity — it's a sorting problem.