The 10th Man, October 2017

Long the World

October 26, 2017

I am going to melt your brain today. Vanguard has an ETF that allows you to get long world stock markets. The ticker: VT.

The Hard Way is the Right Way

October 19, 2017

You’ve probably noticed that I’ve spent a lot of time over the past six weeks talking about ETFs.

Was It Worth It?

October 12, 2017

On the grand scene of financial innovations, the exchange-traded fund was fairly innocuous at first. It took a good 15 years of slow realization for people to figure out how disruptive they would ultimately be. “Exchange-traded fund” isn’t even a very good name, since closed-end funds were also exchange-traded.

What the Hell Does “Smart Beta” Mean?

October 5, 2017

My first encounter with a smart beta ETF was a WisdomTree product over ten years ago. As you may know, WisdomTree uses index weighting methods other than market capitalization for its ETFs. This one in particular was weighted by earnings or dividends—I can’t remember.