It is common practice, but Modern Portfolio Theory has not worked out well for most investors. Why? For starters, it assumes that markets are efficient. But markets are often irrational and mis-priced.

A common mistake of many inexperienced financial advisors and investors is in the way they manage their portfolio: selling the winners too early and keeping the losers for too long.

From our CEO: Advice is only valuable if it is followed and produces the desired outcome. These words of advice have served me well through the years.