By: Mo Lidsky Choosing best-in-class investments is difficult for many reasons. One, knowing the full range of options is very hard (perhaps even impossible). Two, the hardest part of this process is that these options must be considered simultaneously. For example,...
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...
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