Wall Street is littered with the bones of those who knew just what to do, but could not bring themselves to do it.

99% of fund managers demonstrate no evidence of skill whatsoever.

The purpose of investing is not to simply optimise returns and make yourself rich. The purpose is not to die poor.

Wall Street is littered with the bones of those who knew just what to do, but could not bring themselves to do it.

Mutual fund manager performance does not persist and the return of stock picking is zero.

The essence of effective portfolio construction is the use of a large number of poorly correlated assets.

If your broker or investment advisor is not familiar with the concept of standard deviation of returns, get a new one.