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This is an installment of Startup Year One, a special series of interviews with founders about the major lessons they have learned in the immediate aftermath of their businesses’ first year of operation. Grocery shopping changed radically, and possibly forever, in 2020. While consumers still headed to line up at their local markets nationwide, many […]
The fundamental flaw in cap-weighted index funds
Could the investor stampede into index funds create an opportunity to beat the indexes? Ironically, it might—but only for investors with a long investing horizon and a strong stomach. This intriguing possibility emerges from a new paper by researchers at Michigan State University, the London School of Economics, and the University of California at Irvine, which focuses on S&P […]