Q3 2025 Behavioral Alpha Benchmark Ranking: From Selection to Execution
Reversing a downward trend, active equity manager decision-making added value in the three years ending 30 June 2025.
Winners and Losers in a World Without Quarterly Reporting
The question of whether quarterly earnings reporting promotes or undermines long-term value creation is back on the table. With U.S. policymakers once again considering a shift to semi-annual reporting, it’s worth asking: what would such a change really mean?
From Lumberyard to Wall Street: The Investing Lessons of John Barr
Adapted from Stock Market Maestros: The winning habits, strategies, and mindsets of the world's best investors, which will be published by Harriman House in March 2026.
Book Excerpt: Wizards and Maestros
From Stock Market Maestros: The winning habits, strategies, and mindsets of the world's best investors, to be published by Harriman House in March 2026.
Q2 2025 Behavioral Alpha Benchmark Ranking: Adding Value
Reversing a downward trend, active equity manager decision-making added value in the three years ending 30 June 2025.
Book Excerpt: What Qualifies a Maestro?
From Stock Market Maestros: The winning habits, strategies, and mindsets of the world's best investors, to be published by Harriman House in March 2026.
Asking the Right Questions of Active Investment Managers
Knowing what to ask – and how to ask it – matter more than ever.
Q1 2025 Behavioral Alpha Benchmark Ranking: Skill Under Pressure
As decision-making scores extend a multi-quarter decline, skilled managers continue to stand out for their consistent performance.
The Behavioral Alpha Benchmark: Q4 2024 Ranking
Our 36-month decision-skills analysis finds strength in small caps, declining hit rates, and a new leader in our ranking.
Active Equity Fund Management Isn’t Dying – It’s Evolving
For active managers, the path ahead is narrower and more demanding, but those who can align with evolving investor needs and deliver tangible value will find that their relevance is not obsolete.