Evidence Based Investing

We follow a cogent and coherent philosophy of investing grounded in the science of the markets. This approach is far different than what is proffered by the myriad of brokers and "financial consultants" who cling mostly to the "out-selection/market timing" strategy. I saw a quote recently from the president of Morningstar,Inc. (the mutual fund rating service) where he said "not one fund ever has put together a successful record based on market timing." Yet, the grand majority of investors still ,in whole or in part, follow that path.

We , of course, take a quite different route . Markets work and most of our clients need the long term premium returns available in the market. That is why we provide discipline to stay the course through both good markets and the inevitable bad markets. As we have said before, not being in the market is somewhat akin to financial suicide on the installment plan...you lose more in purchasing power terms with each passing month.