Morningstar’s John Rekenthaler recently wrapped up a three-part series about a piece of research that found a metric for selecting mutual funds that has considerably better predictive value than simply picking funds with low expense ratios. I would encourage you to read the series in its entirety though. The first two articles are interesting, but the real lessons come in the final article.
Other Recommended Reading
Thanks for reading!
A reader writes in, asking:
“What are the pros and cons of using the Monte Carlo tool for retirement planning?”
I wouldn’t focus so much on the pros and cons of Monte Carlo simulations..
This week I enjoyed two articles discussing workplace experiments about how different changes to the workday (or workweek) affect productivity.
At least for me, whether it’s writing, research..
Belgium boss Martinez hoping Egypt star Salah makes World Cup
Belgium boss Roberto Martinez hopes to see Mohamed Salah at the World Cup and has wished the injured Egypt star a speedy recovery. 🇪🇬👏