The Full Montier: Absolute vs. Relative Value

From - Advisor Perspectives
January 3, 2013 - 2:20pm

Jan 03, 2013 Adam Butler and Mike Philbrick  James Montier, one of our favourite thinkers and fellow evangelist for behavioural economics and evidence based investing, published a great report last year which argues that investors should set an asset allocation at the start of their investment horizon that theoretically balances individual risk tolerance against long-term average market risks, and then regularly rebalance back to this target allocation.More...

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