David C. Brown

David C. Brown, Associate Professor of Finance at the University of Arizona, dives deep into the world of target date funds (TDFs). He reveals the surprising underperformance and high fees that plague these common retirement investments. Discussion highlights include the challenges of benchmarking TDFs, variations in glide paths, and how active versus passive management affects returns. Brown also introduces innovative ideas like 'indexing the indexers' to improve outcomes. Plus, he shares a fun side project involving Excel competitions that puts a twist on finance education!