WSJ’s Jason Zweig on American Capitalism

The notion of capitalism as a mechanism in which “fat and happy” companies become acquisition targets is changing, writes Jason Zweig in last week’s Wall Street Journal. Zweig cites new research that shows “U.S. companies are moving toward a winner-take-all system in which giants get stronger, not weaker, as they grow.” A few “superstar firms,” […]

Zweig: Guard Against Following the Herd

Given the market’s currently stretched valuations, optimistic investors should be on their guard, says Jason Zweig of The Wall Street Journal. Zweig discusses new findings that show how the confidence of others can influence an individual’s decision-making to a larger degree than their own can. According to a recent report in the Journal of Neuroscience, […]

Zweig Says Fees Should be Linked to Performance

The practice by many fund managers of charging flat fees to clients regardless of their performance isn’t fair to investors, says Jason Zweig of The Wall Street Journal. The tides are changing, he says, but not quickly enough. Federal law allows a mutual fund to raise fees when it outperforms, but only if it lowers […]

Zweig’s Market Survival Guide

There’s a lot of talk among investors about beating the market, but in a recent Wall Street Journal article  Jason Zweig suggests that many overlook the challenge of merely surviving it. “Of all the qualities an investor needs to succeed,” he writes, “stamina may be the most underrated.” Zweig cites Morningstar data showing that of […]

When Taken by Surprise, Wait it Out

“Little is ever clear about an incoming president, and no more than usual—perhaps less—is clear about this one,” says Jason Zweig of The Wall Street Journal. In yesterday’s “Moneybeat”, Zweig warns that investing action during a time of “political shock” is best put on hold. In the article, he argues that few could have anticipated […]

Zweig on Closet Indexing & Active Share

For many years, argues Jason Zweig in last month’s Wall Street Journal, “many fund managers haven’t done much managing at all.” Instead, he writes, they track market indices and “buy a bit more of this stock and a little less of that one, in what’s known as closet indexing.” The problem, however, is that active […]

Fidelity’s Contrafund: One Manager’s Mission

Will Danoff, the manager of Fidelity’s $108 billion Contrafund– the biggest actively managed stock or bond mutual fund run by a single person—believes that “humans have fundamental investing advantages that no machine will ever replace,” writes Jason Zweig of The Wall Street Journal. Since taking over the fund in 1990, Danoff has averaged a 12.7% […]

Change is Coming for Financial Advisers

It seems that artificial intelligence is useful for more than just Pokémon Go. According to Jason Zweig’s recent blog in The Wall Street Journal, financial advisers are increasingly using the technology to better serve the needs of their clients. While advisers can understand a client’s situation by gauging their mood and asking questions concerning goals, […]

Zweig on the Impact of Index Funds

Last month marked the fortieth birthday of the first index fund (launched by John Bogle, founder of the Vanguard Group) and the anniversary has triggered a lot of discussion and reflection on the trajectory this class of funds has traveled since. Jason Zweig of the Wall Street Journal shares some thoughts on the subject and […]

Sanity and Savings are Paramount for Today’s Investor

“Rates probably won’t rise until almost no one on earth is expecting them to. When that happens, it will hurt,” blogs Jason Zweig of The Wall Street Journal. Underscoring the strange financial climate where bonds are paying near nothing and stocks have risen to all-time highs, Zweig points out that we’ve been here before. Inflation-adjusted […]

Zweig: Avoid Higher Risk When Yields are Low

It seems that yield-starved investors are turning to high-risk investments in what Jason Zweig of The Wall Street Journal recently termed, “a reckless lunge.” Since June 30th, inflow to ETFs specializing in bonds from emerging-market countries has hit $1.2 billion. And, so far this month, investors have poured $2.8 billion into high-yield ETFs holding “junk” […]

Zweig: Gold Is Not All That Glitters

In the summer of 2015, Jason Zweig wrote an article for The Wall Street Journal in which he claims that investing in gold (which was trading at around $1,130 an ounce) was a “leap in the dark.” In a WSJ blog earlier this month, he writes “Gold is up 20% since I ridiculed it; the […]