Since 1987, Litman/Gregory has researched, analyzed and written about hundreds of stock picking teams and mutual funds and put their ideas to the test by designing and successfully investing in portfolios of funds. The articles shared in this section have been chosen to showcase our research in action.

Evidence Suggests Active Managers Have a Tailwind 2009

We have observed a growing discrepancy since the stock market began to freefall last September. On one hand, the overall economic environment continues to be extremely fragile. On the other hand, many managers we talk to report finding what they believe to be outstanding opportunities at the individual stock level, even after factoring in a very negative economic environment for their companies. These two views aren't necessarily at odds with one another. We believe there are occasional periods, often driven by economic extremes (the financial meltdown of 2008 or the tech boom/bust earlier in the decade) when stock prices become disconnected from fundamentals resulting in some stocks becoming significantly underpriced, while others become overpriced. more»