Thursday, December 29, 2011

Taking a Chance on the Larry Portfolio.

There are so many competing philosophies in the world of investing that most people learn to tune out any conversations on the topic.This turns out to be a pretty good instinct. After all, people consistently brag about their winning bets without disclosing their losers. They also tend to obsess over whatever’s happened in the markets most recently, assuming things will be that way forever.
But the one thing that we all ought to be able to agree on is this: The point of any long-term portfolio for the vast majority of investors is to earn whatever return you need to meet your goals while taking the least amount of risk.Read More.

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