Albert Einstein once said, “Everything should be made as simple as possible, but no simpler.” The investment industry, however, seems to subscribe to a different motto: “Make things as complicated as possible, and then complicate them a little bit more.” Wall Street salespeople talk about alpha (a [...]
A vitamin supplement for your portfolio
Living in Boston — where it's not uncommon to see some snow still left on the ground in April — people can be prone to their fair share of complaining. Myself included. And so it wasn't surprising when a recent discussion with my friend David ended up on the topic of the weather. By way of [...]
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