Jack Bogle: Champion of the Small Investor

One of the most powerful rules in finance is reversion to the mean.  If a sector of the market is outperforming, you can be sure that at some point it will collapse.  The good stuff just can’t...

Excerpts from Money Magazine – March 2012

 S&P’ s own research shows that in most market sectors, a majority of managers fall short.  So embrace indexing, except in areas where talent sparkles: international small-cap stock and em...