By: Mo Lidsky While the rise of robo-advisors has merit for many investors, for affluent investors with sophisticated portfolios investment decisions cannot be replicated with an algorithm, a database, or any piece of technology alone. There will always be those...
By: Mo Lidsky The Difference The difference between a carpenter and a general contractor is clear to most people. A carpenter is a craftsperson – a person who is responsible for carrying out the physical tasks required to build a structure. A contractor is an overseer...
By: Mo Lidsky Most clients correctly understand that diversification among investments can decrease the risk of a portfolio. When most people think about diversification, however, they associate it with minimizing the volatility of a portfolio for a given level of...
By: Mo Lidsky Failing to plan, planning to fail. Vince Lombardi, the legendary coach of the Green Bay Packers, has often said that there is no such thing as a perfect game. You cannot control the weather, the referees, injuries or any number of other variables. You...
By: Mo Lidsky He has repeatedly claimed that his wealth is largely due to his ability to avoid mistakes rather than identify opportunities. While I am somewhat skeptical about Warren Buffett’s humble assertion, it is true that avoiding danger and removing harm...
Recent Comments