Where Are the Customers' Yachts?

Paul B. Farrell explains the origin of this telling phrase - Fred Schwed's 1940 classic about Wall Street greed - and how the mutual fund industry now pulls in about $200 billion in annual fees.

The Best Investment Advice You'll Never Get

This terrific article by Mark Dowie in San Francisco Magazine chronicles the history and growth of index investing - from its birth in California over thirty years ago to the present - and why index investing continues to make Wall Street squirm.

Mutual Funds - Obsolete?

Jonathan Chevneau asks whether traditional mutual funds have become obsolete - when compared to ETFs and index funds - due to their excessive management expense ratios and lack of alpha.

Yale's Investment Guru Promotes Index Investing

Chris Arnold of NPR explores the wisdom of David Swensen, Yale's Chief Investment Officer and index investing advocate.

A Billion-Dollar Retirement Rip-Off

Neil Weinberg of Forbes details new class action litigation which alleges "revenue sharing" in annuity-based retirement plans constitutes illegal kickbacks - and causes severe long-term harm to the employee participants.