Because investing is ultimately the practice of making reasonable tradeoffs between risk and return, having an accurate measure of both is a critical
Continue reading
Tag: Asset Allocation
In Defense of Cash
Most investors intuitively recognize the benefit of purchasing distressed assets “on-sale” when markets periodically correct, yet very few actually hold the cash required
Continue reading
The Liquidity Portfolio
When it comes to breaking from conventional wisdom, legendary investor Warren Buffett tends to hold a rather unorthodox view on the value of
Continue reading
What’s the Point of International Diversification? (Canadian Edition)
Financial pundits are often quick to chide Canadian investors over excessive home-country bias and a perceived lack of international diversification when it comes
Continue reading