Wilshire 5000

Few voices on Wall Street are more respected than that of Berkshire Hathaway, Inc. (NYSE: BRK-A)(NYSE: BRK-B) CEO Warren Buffett. When someone like Buffett refers to a market metric as “the best single measure of where valuations stand at any given moment,” investors take notice. What...

Public pension funds, university endowments and nonprofits saw returns that trailed the broader stock and bond markets this year after moving more into alternative investments. Data released Tuesday by the Wilshire Trust Universe Comparison Service showed public pension plans with more than $1...

After more than nine years of mostly uninterrupted bull market gains, some investors are getting understandably concerned about just how expensive U.S. stocks have gotten. According to financial metric that is a favorite of Wall Street guru and Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B)...

Rather than measuring performance without context, benchmarks are a tool for managers to define success or failure by comparing portfolio return to another asset. The purpose of a benchmarked return is to identify positive and negative alpha. Alpha, or abnormal return, is the overperformance or...