Jeff DeMaso

539 posts

IVA Research

Aggressive Investing Made Simple

FUNDS FOCUS—AGGRESSIVE GROWTH FUNDS | Small stocks still have a place in long-term portfolios—but investors don’t need complicated funds to own them.

| 16 min read
Weekly Brief

WEEKLY BRIEF | Vanguard Will Buy the Next Trillion-Dollar Stock

Mega AI IPOs are coming | Vanguard hires outside talent, again | New names for old funds

| 5 min read
IVA Research

Small Stocks Were Supposed to Win

Academic research says smaller companies should outperform over time. Thirty-five years of Vanguard fund returns tell a more complicated story.

| 5 min read
Weekly Brief

Uneasy Equilibrium

The economy holds its ground | Warsh inherits a tough hand | Vanguard's website is (finally) coming | A DAF reminder

| 6 min read
IVA Research

The Factor Trap

Vanguard's factor ETFs promised market-beating returns. Eight years in, the results tell a different story.

| 6 min read
Monthly Recap

IVA MONTHLY RECAP | Sit Still and Prosper

May 2026 | The best move in a month of big headlines was no move at all. Plus, IVA Portfolio notes, the IVA Factor Tracker and a roundup of articles and analysis from the past month.

| 9 min read