Stock Selection/Market Timing

It is axiomatic that many (probably most) investors believe in stock selection and market timing despite the dearth of evidence . In reality, substantial evidence exists that demonstrates the opposite but huge marketing (along with a good dash of human greed) keep the stock selection myth alive.

We often see individuals that have followed the selection/timing approach for many years before realizing its errancy. In periods like this investors have a tendency to spend inordinate amounts of time chasing performance . This is rarely productive.

We strive to render a couple of "simple" deliverables, diversification and consistency. That is the essence of our refreshing, independent perspective. Investment truths can be hard to find but we strive to communicate these to our clients every day.