March 2012

The Market Barometer remains normal. The S&P 500 extended its January gains in February, rising another 4.3% during the month. The international MSCI EAFE Index moved higher with a 5.7% increase for the month. In February, the average US active … Continue reading

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Concentrating a portfolio on a few choice assets dramatically increases an investor’s chance of superior performance. Nonetheless, most advisors and investors shun portfolio concentration as unacceptably risky. To a great extent, this is driven by the myth that adequate diversification … Continue reading

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