I'm excited to announce the 2023 edition of Morningstar's Diversification Landscape report. We take a deep dive into recent performance by asset class, how correlations have changed, and what those changes mean for building well-diversified portfolios.

What are two key ways to avoid big portfolio mistakes? Our new Role in Portfolio framework can help.

Hot off the presses: Fund investors are leaving about one-sixth of their returns on the table, on average. Our annual Mind the Gap study also recommends steps investors can take to help close the gap.

Excited to announce Morningstar's brand-new Robo-Advisor Landscape Report, which includes our take on 16 leading digital advice providers in the United States. Hats off to co-authors @rblue215, @MstarETFUS, Alec Lucas, Gabriel Dennis, and Liz Templeton.

Does your portfolio need private equity? Despite the potential for higher returns, the investment case is mixed.

My take on what higher inflation might mean for stock/bond correlations and portfolio construction:

Excited to launch our 2022 Diversification Landscape paper with co-authors @christine_benz and Emory Zink. New this year: a look at what regime changes for interest rates and inflation mean for building diversified portfolios.

My take on recent market volatility in an era of regime change:

Why Sector Funds Are A Bad Bet TLDR: Performance has lagged the market, and investor returns are even worse.

In my latest article, I dig into why poorly timed cash flows have led to bad results for $ARKK shareholders. TLDR: Don't buy hot funds after huge runups in a frothy market.

In my latest article, I looked at whether it's possible to catch up with retirement savings if you get a later start and suggested some concrete steps for closing the gap. #retirementplanning #betterlatethannever

My take on #bitcoin as #digitalgold:

Do you (or your clients) need an annuity for retirement income? Here are some guidelines for figuring it out. #retirementplanning #annuities

@mandu56 Yes, the study includes both.

@SeejoV That's great! I've also been thinking the #caminodesantiago IRL would be a great #sabbatical trip.

@EconomPic The bottom line is that we hope both individuals and advisors can learn from the results and take positive steps to help close the gap.

@EconomPic Another key point is that in contrast to other research providers, we haven’t taken the position that working with an advisor is a guaranteed way to improve your results.

@EconomPic In the end, we decided that changing to an asset-weighted methodology for the total return benchmarks made for a more apples-to-apples comparison.

@EconomPic That’s definitely a fair point. We spent a lot of time weighing the methodology change this year and had to weigh the benefits of consistency vs. something we felt was a more accurate measure.