MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Smart Beta: The Investing Buzzword That Won't And--Needn't---Die

TedTed
in Fund Discussions
FYI: t's hard to find an investing expert who likes the term "smart beta." It makes the Nobel Prize-winning economist William Sharpe "definitionally sick."

Yet those who want to banish the term find it's as fiercely persistent as Monthy Python's Rabbit of Caerbannog, a cute and formidable animal that's nearly impossible to kill.
Regards,
Ted
http://www.bloomberg.com/news/print/2014-08-27/smart-beta-the-investing-buzzword-that-won-t-and-needn-t-die.html

Comments

  • ibartman
    edited August 2014
    Ted: Thanks for post. At end of article the author (Eric Balchunas) says something that I think is very wise and puts it all into perspective:

    "Smart" is a marketing term like many others: Growth funds don't always grow, and value stocks aren't always a good value.
  • Bitzer
    I look beyond the label created by the marketing department and like the product for a portion of my indexing portfolio
  • heezsafe
    edited August 2014
    @ibartman Yeah, it's like that one Supreme Court decision re. pornography: you can't really define it but--- darn it--- you just know it went ya see it.
    @Ted Of course, if you can't really define it, you better hope that's not one of the 3 questions at The Bridge .... or it's off into the bottomless gorge you will be flung.;)
Sign In or Register to comment.