Approach

Woodsford Capital Management follows a philosophy of evidentialism. Therefore we spend the bulk of our time in conducting research to seek evidence to answer various investment related questions.

Here is a compiled list of selected research work:

• Do mutual funds deliver value to the investors?
• How to tell whether a fund manager is skillful or lucky?
• Does fund expense matter?
• Are investors able to time the market?
• Are investors properly diversified?
• Are fund managers’ incentives properly aligned with that of the investors?
• Are investors able to select fund managers?