Tuesday, April 24, 2012

Jackass Investing: Don’t do it. Profit from it.

Mike Dever will outline an alternative approach to diversification, which is quite different from conventional investment wisdom. Mike’s approach replaces asset classes with return drivers and trading strategies. As Mike will explain, asset classes are simply long-only trading strategies that do not attempt to isolate their many separate return drivers. To be properly diversified, a portfolio must distribute risk across numerous return drivers. When people limit their investment options to traditional asset classes, they are unable to create a truly diversified portfolio. By diversifying outside this constraint, they are able to achieve a FREE Lunch which is a portfolio that earns greater returns with less risk than a conventionally-diversified portfolio. Once viewed in this fashion it is easy to create a truly diversified portfolio, rather than one constrained by the shackles of asset classes. Diversification is the one true FREE Lunch of investing, but it must be true portfolio diversification, as described in Jackass Investing. It's amazing how logical this approach is yet so few people actually embrace it.

Mike Dever is the author of Jackass Investing: Don’t do it. Profit from It, which is the Amazon Kindle #1 bestseller in the mutual fund and futures categories. The concepts in the book have been developed by Mike based on 30 years of experience in investment research and asset management. In addition to being a successful author, Mike is also the founder and CEO of Brandywine Asset Management, Inc., an investment management firm founded in 1982. Brandywine's investment philosophy is based on the belief that the most consistent and persistent investment returns across a variety of market environments are best achieved by combining multiple uncorrelated trading strategies (each designed to profit from a logical, distinct return driver into a truly diversified investment portfolio.

Register for this event by clicking the following link. Remember all start times are Eastern Standard Time.https://www1.gotomeeting.com/register/604406993

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