Oct 1, 2010 | Diversification, Investment Process, Macro Investing, Portfolio Management, Valuation
A recent Wall Street Journal article highlights the macro-driven nature of today’s stock market. In it, long-time value investors lament the current environment where stocks appear to trade in unison based on unemployment data or European bank stress test results. ...
Aug 28, 2009 | Diversification
A few days ago, the Wall Street Journal ran an article, Focused Funds Find Less Can Be More, highlighting the value of a concentrated investment strategy. It is a good, short article on the topic, but it misses an important point about diversification. The author...
