Benchmark

Amongst the myriad of investing tools, we find benchmarks the most indispensable. What is a benchmark? And how can investors use it?

CBA's valuation bubble is a symptom of the structural rise of passive investing that has changed how active managers impact market prices.

Consider realistic potential for outperformance, style-specific persistence in performance, active share and fees.

The concept behind the circle of influence and control is simple. What is within the ‘circle of control’ is what can be controlled by an individual, in this scenario,...