Investors Need Help

The majority of people need professional assistance with their investment portfolios. They either do not have the expertise, the time, the emotional discipline, or they simply do not have the desire to manage themselves.

Efficient Markets

The market is efficient and is a function of supply and demand. 

Alpha is Real

Investors can achieve better than market returns over long periods of time by: 

1. Overweighting/underweighting to different types of stocks
2. Individual stock selection
3. Forecasting market cycles and positioning the portfolio accordingly

Stocks Rule

Over the long-term stocks will continue to provide the greatest combination of return on investment and liquidity of any asset class. 

Asset Allocation

The mix of stocks, bonds, and cash in a portfolio will be the greatest determining factor of performance. That mixture is called asset allocation.