Search found 57 matches

by lorneabramson
Tue Mar 20, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: Wealthfront Risk Parity???
Replies: 12
Views: 2433

Re: Wealthfront Risk Parity???

Relevant and timely article about the changes at Wealthfront (risk parity fund, etc):

https://www.wired.com/story/beware-robo ... etterment/
by lorneabramson
Thu Jan 18, 2018 10:26 pm
Forum: Investing - Theory, News & General
Topic: Non profit endowment/Vanguard LifeStrategy Fund
Replies: 2
Views: 413

Re: Non profit endowment/Vanguard LifeStrategy Fund

That’s great input, 123 - Much appreciated!
by lorneabramson
Thu Jan 18, 2018 7:14 pm
Forum: Investing - Theory, News & General
Topic: Non profit endowment/Vanguard LifeStrategy Fund
Replies: 2
Views: 413

Non profit endowment/Vanguard LifeStrategy Fund

Hello Fellow Bogleheads- I sit on the finance committee for a local nonprofit and we recently moved our endowment to Vanguard. Particularly given the relatively modest size of the corpus, we are solely utilizing one of Vanguard's LifeStrategy static asset allocation funds. We need to update our Inve...
by lorneabramson
Wed Nov 29, 2017 2:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?
Replies: 156
Views: 19054

Vanguard launching factor-based ETFs/funds

[Thread merged into here, see below. --admin LadyGeek]

Interesting - Just in case anyone missed today's announcement from Vanguard re: their upcoming launch of factor-based ETFs/funds:

https://advisors.vanguard.com/VGApp/iip ... 38438&st=R
by lorneabramson
Tue May 23, 2017 4:31 pm
Forum: Investing - Theory, News & General
Topic: Low cost / passive SRI options
Replies: 13
Views: 1538

Re: Low cost / passive SRI options

Just thought I'd update this thread, in light of Fidelity recently launching two relatively low cost ESG index funds (domestic and international, respectively). Here is their press release for more detail: http://www.businesswire.com/news/home/20170515005767/en/Fidelity-Launches-Sustainability-Focus...
by lorneabramson
Wed May 03, 2017 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Looking for reqistered inv. advisor in Raleigh, NC area
Replies: 3
Views: 397

Looking for reqistered inv. advisor in Raleigh, NC area

Hello-- I am trying to help someone find a potential advisor in Raleigh-Durham area. Specifically looking for a firm that unequivocally adheres to the Vanguard/Bogleheads philosophy (Vanguard, DFA, etc). Any suggestions?
by lorneabramson
Wed Jul 15, 2015 1:37 pm
Forum: Investing - Theory, News & General
Topic: Reporter doing story on socially-responsible (SRI) mutual funds
Replies: 2
Views: 556

Re: Reporter doing story on socially-responsible (SRI) mutual funds

Hi Mel - Just sent you a PM - Please let me know if you didn't receive - Thanks.
by lorneabramson
Thu Jun 11, 2015 10:24 am
Forum: Investing - Theory, News & General
Topic: Latest from Meredith Whitney
Replies: 5
Views: 1590

Re: Latest from Meredith Whitney

And here's the latest about Meredith Whitney -- My post is intended is intended to be less about her, specifically, as more of a general statement about making bold calls (and specifically, the ability - or inability - to do so, consistently): http://www.wsj.com/articles/meredith-whitney-shuts-her-h...
by lorneabramson
Wed Oct 01, 2014 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Survey of Retirement Spending on the Wiki
Replies: 0
Views: 356

Survey of Retirement Spending on the Wiki

Hello - Don't know who the author(s) of this entry on the Bogleheads Wiki is/are, but are there plans to update the data in the various tables (the BLS Consumer Expenditures Survey data is from 2007, and the HRS data is from 2001): http://www.bogleheads.org/wiki/Surveys_of_retirement_spending I'd be...
by lorneabramson
Thu Jul 17, 2014 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Rational Expectations Kindle
Replies: 10
Views: 2463

Re: Rational Expectations Kindle

Kudos to William Bernstein for his book being the centerpiece of this week's Economist magazine's "Buttonwood" column; the Economist refers to it as a "fascinating new book". :happy
by lorneabramson
Tue Aug 13, 2013 5:16 pm
Forum: Investing - Theory, News & General
Topic: DFA Growth funds?
Replies: 47
Views: 8407

Re: DFA Growth funds?

This article is an interesting follow up to this string/discussion (both Vanguard and "Bogle-style buy and hold investors" are referenced in the article):

http://www.investmentnews.com/article/2 ... /130819981
by lorneabramson
Tue Jul 02, 2013 10:08 pm
Forum: Investing - Theory, News & General
Topic: WSJ's Zweig: Saving Investors From Themselves
Replies: 23
Views: 4176

Fantastic Jason Zweig piece

FYI, in case anyone missed this on the WSJ's website -- Eloquent re-affirmation of timeless Boglehead principles:

http://blogs.wsj.com/moneybeat/2013/06/ ... ason+zweig

[merged with existing thread - admin alex]
by lorneabramson
Fri Jun 28, 2013 9:41 am
Forum: Investing - Theory, News & General
Topic: good Forbes article on the Novy Marx paper
Replies: 5
Views: 1796

Re: good Forbes article on the Novy Marx paper

FYI, here's more info on Phil DeMuth, the contributor of the Forbes piece: http://www.phildemuth.com/investment-strategy
by lorneabramson
Thu May 30, 2013 5:28 pm
Forum: Investing - Theory, News & General
Topic: DFA Growth funds?
Replies: 47
Views: 8407

Re: DFA Growth funds?

FYI, Morningstar chimed in on the profitability "dimension" with this recently published overview; in addition to DFA's new funds, among others, they mention Vanguard's Dividend Appreciation ETF:

http://news.morningstar.com/articlenet/ ... ?id=598294
by lorneabramson
Sat Mar 02, 2013 1:25 pm
Forum: Investing - Theory, News & General
Topic: DFA Growth funds?
Replies: 47
Views: 8407

Re: DFA Growth funds?

FYI, Jason Zweig discusses these new funds in his Intelligent Investor column in this weekend's Wall Street Journal.
by lorneabramson
Fri Dec 28, 2012 2:46 pm
Forum: Investing - Theory, News & General
Topic: DFA Growth funds?
Replies: 47
Views: 8407

Re: DFA Growth funds?

The original link I provided was removed, so I am including it here. Sorry, but I apparently misunderstood the forum's policy about "naked" links. I thought the post was relatively self-explanatory; either way, I just thought DFA's launch of growth funds was interesting in the context of what they a...
by lorneabramson
Thu Dec 27, 2012 4:56 pm
Forum: Investing - Theory, News & General
Topic: DFA Growth funds?
Replies: 47
Views: 8407

Re: DFA Growth funds?

So, does their website need to be updated (now that Fama has apparently identified four, instead of three factors)?

http://www.dfaus.com/philosophy/dimensions.html
by lorneabramson
Thu Dec 27, 2012 1:54 pm
Forum: Investing - Theory, News & General
Topic: DFA Growth funds?
Replies: 47
Views: 8407

DFA Growth funds?

[Posting a naked link is a violation of forum policy and it was removed]
by lorneabramson
Wed Aug 31, 2011 8:51 am
Forum: Investing - Theory, News & General
Topic: Henry Blodget is a closet Boglehead?
Replies: 2
Views: 718

Blodget Bogleheads

He's been in our camp for several years-- per his book:

http://www.amazon.com/Wall-Street-Self- ... 0977743322
by lorneabramson
Thu Jul 21, 2011 9:37 pm
Forum: Investing - Theory, News & General
Topic: Hedge funds serve a social purpose?
Replies: 10
Views: 1477

Accuracy and alpha

Insightful quote towards the end of the article, pertinent to this forum: "You have to be accurate,” he says. “Otherwise, you are going to pay. Alpha is zero sum. In order to earn more than the market return, you have to take money from somebody else.” " Only confirms my "Boglehead-ness". I'm happy ...
by lorneabramson
Wed May 11, 2011 11:04 am
Forum: Investing - Theory, News & General
Topic: How many CFA charterholders have we here?
Replies: 53
Views: 10391

CFA since '96, CFP since '03.
by lorneabramson
Wed Dec 22, 2010 11:47 am
Forum: Investing - Theory, News & General
Topic: Vanguard reduces costs, eliminates Signal Share minimums
Replies: 32
Views: 7507

Admiral shares

FYI, I am an investment advisor, and in addition to being in contact with my firm's Vanguard RIA contact about this issue, I sent a personal note to CEO Bill McNabb, requesting that they similiarly lower the Admiral share class minimums for non-retail (i.e., advisor) clients. Frankly, I don't unders...
by lorneabramson
Fri Dec 17, 2010 3:40 pm
Forum: Investing - Theory, News & General
Topic: Malkiel opinion piece WSJ/China
Replies: 24
Views: 2898

Malkiel Alphashares

With all due respect to Prof. Malkiel, I think the article should have made this disclosure:

http://www.alphashares.com/team.html#BMalkiel
by lorneabramson
Sat Nov 27, 2010 10:10 am
Forum: Investing - Theory, News & General
Topic: "Investable Indexes"
Replies: 11
Views: 1729

Is DFA behind this in some way (given the CRSP/University of Chicago connection)?
by lorneabramson
Tue Nov 23, 2010 9:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard reduces costs, eliminates Signal Share minimums
Replies: 32
Views: 7507

I hope the next step is that Vanguard addresses the disparity they created by lowering the Admiral share class minimum to $10k from $100k, but only for those fundholders who purchase/own their shares directly thru Vanguard. As an advisor, I don't have the option of utilizing Vanguard for brokerage/c...
by lorneabramson
Wed Oct 20, 2010 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Help with Starting Socially Responsible Investment
Replies: 57
Views: 6011

Here's an article I wrote on socially responsible index/passive asset class funds, for what its worth:

http://finance.yahoo.com/news/Investing ... 0.html?x=0
by lorneabramson
Tue Aug 31, 2010 2:45 pm
Forum: Investing - Theory, News & General
Topic: Why is BND still trading at a premium?
Replies: 8
Views: 1835

Article on bond premium/discounts

Written by two iShares Blackrock fixed income strategists, so take with the appropriate grain of salt (though its quite technical):

http://www.indexuniverse.com/publicatio ... ounts.html
by lorneabramson
Thu Aug 19, 2010 4:07 pm
Forum: Investing - Theory, News & General
Topic: DFA to launch a commodity fund
Replies: 7
Views: 2180

DFA to launch a commodity fund

http://news.morningstar.com/articlenet/article.aspx?id=349066 Morningstar notes DFA is "agnostic" on commodities, and simply responding to client demand; however, its somewhat intriguing in light of this recent Prof. Ken French interview: http://www.americaninvestment.com/investor-resources/videos/2...
by lorneabramson
Fri Jun 18, 2010 7:28 pm
Forum: Investing - Theory, News & General
Topic: Schwab cuts fees on their ETF's
Replies: 43
Views: 5288

Doc -- I stand corrected -- Thank you!
by lorneabramson
Fri Jun 18, 2010 6:28 pm
Forum: Investing - Theory, News & General
Topic: Schwab cuts fees on their ETF's
Replies: 43
Views: 5288

Pays to read the fine print

Re: Schwab ETF's - do note they have a 12b-1, currently waived thru November 2011, so current total expense ratios may be subject to change/increase. Following is from their prospectus: "The fund has adopted a Distribution and Shareholder Services (12b-1) Plan pursuant to which the fund is subject t...
by lorneabramson
Mon Apr 12, 2010 11:27 am
Forum: Investing - Theory, News & General
Topic: Monish Pabrai on indexing/Vanguard
Replies: 2
Views: 1051

Monish Pabrai on indexing/Vanguard

Scroll to minute 17:00 http://www.forbes.com/2010/04/09/pabrai-buffett-munger-intelligent-investing-video.html A well known active manager extolling the virtues of index funds. While some may argue with his specific fund recommendations, it's the bigger picture argument/endorsement that's most impor...
by lorneabramson
Thu Apr 08, 2010 12:14 pm
Forum: Investing - Theory, News & General
Topic: Michael Burry Op-Ed in today's New York Times
Replies: 19
Views: 4488

I still believe its always easier/more obvious in hindsight. Perhaps a couple of years from now, it will have been "obvious" one should have taken a leveraged bet in his/her convictions & shorted the Chinese real estate market and US Treasuries - rather than sticking with a buy-and-hold, long-only B...
by lorneabramson
Sun Apr 04, 2010 9:16 am
Forum: Investing - Theory, News & General
Topic: Michael Burry Op-Ed in today's New York Times
Replies: 19
Views: 4488

Michael Burry Op-Ed in today's New York Times

http://www.nytimes.com/2010/04/04/opini ... ef=opinion Not to take anything away from Dr. Burry, but the ultimate question is whether one has the ability to REPEATEDLY profit from such foresight.
by lorneabramson
Wed Jan 27, 2010 7:09 pm
Forum: Investing - Theory, News & General
Topic: State Street SPDRS proxy - proposed changes
Replies: 1
Views: 675

Additional comment: #3 interesting (prompted by hiring Nuveen for their muni bond ETF's, I presume); #4 seems similiar to recent Vanguard and DFA proxy changes 3. To approve a “manager of managers” structure for all SPDR Funds, which would permit the SPDR Funds to hire and replace sub-advisers witho...
by lorneabramson
Wed Jan 06, 2010 2:51 pm
Forum: Investing - Theory, News & General
Topic: Nearly Index "Socially Responsible" Investing
Replies: 39
Views: 7729

Here's Risk Metrics/KLD's take on the survey/article -- Note they mention another survey of sustainability indexes of which I was not previously aware.

http://blog.kld.com/kld/passive-esg-str ... -universe/
by lorneabramson
Sun Jan 03, 2010 9:44 am
Forum: Investing - Theory, News & General
Topic: Nearly Index "Socially Responsible" Investing
Replies: 39
Views: 7729

Just to add to this discussion/string, here's a survey of current SRI/ESG index and passive asset class funds I wrote:

http://www.indexuniverse.com/sections/f ... l?Itemid=5
by lorneabramson
Mon Nov 02, 2009 11:46 am
Forum: Investing - Theory, News & General
Topic: BH-8 Reunion notes
Replies: 18
Views: 3680

Excellent job

Thank you for these notes!!
by lorneabramson
Wed Sep 09, 2009 6:21 pm
Forum: Investing - Theory, News & General
Topic: Inflation fears
Replies: 33
Views: 4361

Martin Wolf, chief economics editor of the FT, also had some interesting comments/perspective on inflation in his piece yesterday:
http://www.ft.com/cms/s/0/cf6ae1e4-9ca5 ... abdc0.html (not sure if you can access without a subscription)
by lorneabramson
Sat Aug 29, 2009 8:19 am
Forum: Investing - Theory, News & General
Topic: Dodge & Cox
Replies: 29
Views: 6951

I have a lot of respect for them, too, even though I am committed to index/passive funds. And, I have also always wondered if they use appropriate index benchmarks -- Their international fund typically has emerging market stocks -- nothing wrong with this per se, of course, but they compare the fund...
by lorneabramson
Thu Aug 20, 2009 12:33 pm
Forum: Investing - Theory, News & General
Topic: DFA versus Vanguard securities lending
Replies: 6
Views: 1735

Thanks Fixer -- FYI, per page 25 of DFA's most current Semi Annual report (April 30, 2009), their US Vector Portfolio has securities lending collateral equal to 29.3% of the total net investment assets (with common stocks = 99.5%, repo agreement at Deutsche Bank = 0.2%). Thus, total combined percent...
by lorneabramson
Thu Aug 20, 2009 11:55 am
Forum: Investing - Theory, News & General
Topic: DFA versus Vanguard securities lending
Replies: 6
Views: 1735

Fixer -- these are income/assets, not value of lending (collateral)/assets, right?
by lorneabramson
Thu Aug 20, 2009 11:53 am
Forum: Investing - Theory, News & General
Topic: DFA versus Vanguard securities lending
Replies: 6
Views: 1735

Thanks -- Actually curious about lending thresholds/policies (both DFA and Vanguard seem to have the same 33 1/3% threshold), as well as historical data on actual lending/total portfolio percentages.
by lorneabramson
Thu Aug 20, 2009 11:42 am
Forum: Investing - Theory, News & General
Topic: DFA versus Vanguard securities lending
Replies: 6
Views: 1735

DFA versus Vanguard securities lending

Does anyone know of any reports/research from third parties which reviews the securities lending policies/practices of Vanguard & DFA (or any other major index/passive asset class managers, i.e., Barclays)? Rick or Larry, any insight??