Monkeys Throwing Darts?

Can blindfolded monkeys throwing darts at pages of stock listings select portfolios that will do just as well as a portfolio constructed by professional stock pickers? Continue reading

Take a Stand for What You Believe In

Aaron Tippin is a country music artist that rose to fame in the early 1990’s.  I was a teenager when his debut single was released, “You’ve Got To Stand For Something”.  It became a popular anthem for Americans as we … Continue reading

What Diversification Really Is (And What It’s Not)

Over the years I’ve come to realize that diversification can mean different things to different people.  Most financial advisors preach diversification, but I’m often astonished by the allocation strategies that pass for “diversification” in the financial planning industry.  Diversification is … Continue reading