Successful investors accept volatility as a reality of owning stocks and adjust their behavior to fit the market, not the other way around. Here are a few practical suggestions to help your clients gain perspective. Read the Full Article in … Continue reading
Imagine a cross-country car race that starts in downtown Manhattan during rush hour. One racer sees bicycle messengers speeding by in the stop-and-go traffic. Becoming impatient, he jumps out of his car, trading it for a bicycle. Once out of … Continue reading
Indexing is overly hyped, and skilled stock pickers will prevail. Conventional wisdom suggests that hiring an active equity manager is a fool’s errand. I once believed this too, as did many of my academic contemporaries enamored with an elegant yet … Continue reading