We can’t help but point out this recent (and expensive) full page advertisement from Fidelity about their belief in active management. Though you won’t hear us say that active managers can’t possibly win in the short-term, we certainly know that it’s hard to identify the winners in advance.

The 15-year data on the odds of active management (as shown in this graph) indicates that we’re far better off adopting a low-cost, evidence-based approach and sticking to it over long periods of time. Doesn’t that sound prudent?

John “Mac” McQuown’s first claim to fame was creating one of the original S&P 500 index funds in the early 1970s. In an advisor-only video interview he conducted with David Booth about his work in evidence-based investing, Mac says:

“What I knew then, and I know now, is that this set of ideas is compelling. And sooner or later the world is going to come around to seeing the validity of this form of investing.”

He continues his work to this day and even holds a seat on Dimensional’s board of directors. He was recently labeled by Bloomberg magazine as the “80-year-old whiz kid” for his work reinventing the corporate bond. Watch the video below for more.

Our clients know that one of our goals is to make the experience with our firm special. With that in mind, we are making significant improvements in 2016!

In January, our clients will see a brand new reporting platform with the latest technology. We are excited to provide convenient online quarterly reporting and interactive account snapshots in a format that saves paper and is more secure than your mailbox.

IS THERE ANYTHING TO DO NOW?

The Hill Investment Group App is ready for our clients to download on smart phones or tablets (available for both iOS and Android devices). Just click these links or search “Hill Investment Group” in the app store on your mobile devices. We’ll be in touch with clients in the next few weeks to get you logged in for the first time.