REITs: Are They a Distinct Asset Class?
Are REITs a distinct asset class? Larry Swedroe, Director of Research, The BAM Alliance Many investors think of real estate investment trusts (REITs) as a distinct asset class, because in aggregate they have historically had relatively low correlation with stocks...
Killing an Emerging Market Canard
Larry Swedroe on data that shows active management is a loser’s game in emerging markets too. Larry Swedroe, Director of Research, The BAM Alliance “To win in emerging markets, avoid the passive investing rush,” proclaimed the headline of a July 2017...