NEW THIS WEEK:
During public television’s fundraising drive we are revisiting our exclusive two part annual outlook with Ed Hyman, Wall Street’s # 1 ranked economist for a record 36 years. He and five-star rated mutual fund manager Matthew McLennan discuss how much the financial world has changed and what it means for the U.S. economy and markets. You can watch it again here
Score another win for passive investing! Legendary investor Warren Buffett is claiming victory in a bet he made a decade ago that a passive index fund would outperform a pool of hedge funds. Morningstar columnist and long-time mutual fund analyst John Rekenthaler shares his thoughts on the victory.
Read the report on Morningstar.