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Frontier Advisors, LLC - A Revolutionary Approach to Portfolio Management and Investment Advice
Please Note: All materials and links to materials below constitute the work and effort of others. We take no credit for nor do we necessarily subscribe to or endorse any of the materials found here. Additionally, nothing in these materials or links to materials should be construed as either a recommendation or an offer to buy or sell any securities.

Articles and Papers From Other Sources

Scale Effects in Mutual Fund Performance: The Role of Trading Costs
This paper by Roger Edelen, Richard Evans, and Gregory Kadlec adds to the literature attempting to quantify the cost of trading within actively managed mutual funds. While academic and dry, it provides necessary information for those concerned with the various costs of investment strategies.
Luck versus Skill in the Cross Section of Mutual Fund Returns
This academic working paper by the Fama/French duo takes the active versus passive debate one step further by trying to understand the role of luck in active management relative performance. The results are quite interesting, but you will need to wade through a certain amount of academic writing to fully understand them. I suggest starting with the summary and the conclusion!
Blowing Up
This article by Malcolm Gladwell (published in The New Yorker, 2002) tells the story of Nassim Taleb, author of The Black Swan and Fooled By Randomness. It is an engrossing read with many very valuable insights.
Exchange Traded Funds: Challenging the Dominance of Mutual Funds?
A Deloitte Research report. This provides a thorough and objective explanation of ETFs and considers their growing role in the investment world.
The Arithmetic of Active Management
By William Sharpe. This is a short and compelling explanation by the 1990 Nobel laureate in economics for why active management must always underperform passive management, on average.