Investing 101

The US makes up 62% of global stock indexes, but just 42% of the world's total stock market value. Why the gap, and what might it mean for investors?

Most of us keep a chunk of cash on hand — a "float." It's not meant to grow your wealth over decades, but that doesn't mean it should be earning nothing...and yet, for a surprising number of people, that's exactly what's happening.

The CFTC recently cleared the way for a new kind of contract - the perpetual future - to trade in the United States, opening the door for platforms like Kalshi and Coinbase...but the decision didn't sit well everywhere.

One of the central themes of our research is the importance of investment sizing. We’ve always preferred a more forward-looking approach – and to see why that’s our preference, it’s helpful to be precise about what we mean by 'expected return.'

High VIX readings may feel unsettling, but they've often coincided with attractive long-term buying opportunities.

In this episode of Odds on Open, we sit down with Victor Haghani to dissect why institutional alpha frequently breaks down during the position sizing phase.

By design, a well-diversified portfolio always contains investments you may end up regretting...but that discomfort is the price of avoiding catastrophic outcomes.

Vanguard's Total World Stock ETF is an elegantly simplistic product...but is simplicity costing you money?

Rather than worrying about IPO inclusion timing, investors would be better served focusing on the long-term expected returns of the markets they're invested in.

The case for LSDI improves meaningfully in specific circumstances, but for many investors being pitched the strategy, the math doesn't support the hype.

Regular readers know we've been evangelizing a unified approach to lifetime investing and spending for a long time, which is why we're so excited about the work Yale Professor James Choi is doing.

The US stock market is heavily concentrated in a handful of technology companies, and many investors and commentators find this alarming - arguing that such concentration makes the market riskier.