International Diversification: Looking Beyond the S&P 500

“If the average investor allocation to equities is abnormally high, then prices are probably abnormally high–the market’s probably expensive.” – Jesse Livermore, famous investor Let’s…
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“Whoever controls the volume of money in any country is absolute master of all industry and commerce.” – James A. Garfield, 20th President of the…
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“Bull markets ignore bad news, and any good news is reason for a further rally.” – Colm O’Shea, professor at New York University The latest…
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“The purpose of volatility is to make people make stupid decisions.” – Jared Dillion, The Daily Dirt Nap Yen carry trade Weak jobs report Fed…
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“Owning individual stocks invites infinitely more behavioral hurdles than a simpler strategy. It’s easier to ignore index funds and ETFs. You can’t ignore individual stocks.”…
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“What you see is not what others see. We inhabit parallel worlds of perception, bounded by our interest and experience. What is obvious to some…
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“Bonds as an asset class will always be needed, not just by insurance companies and pension funds, but aging boomers.” – Bill Gross, PIMCO founder…
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“The dead outnumber the living fourteen to one, and we ignore the accumulated experience of such a huge majority of mankind at our peril.” —Niall Ferguson,…
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“The highest form of wealth is the ability to wake up every morning and say: ‘I can do whatever I want today.” — Morgan Housel,…
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