

Rose Colored Glasses: Why Investing During the Good Times Can Create Poor Allocation Tilts
Making Comparisons at The Wrong Time When markets are doing well, investors can forget the lessons of down-markets and unintentionally concentrate their risks. The success of an asset class, such as tech stocks or emerging markets, can make an investor with a balanced portfolio feel that they are missing out on the rally. Unfortunately, by selling their underperforming holdings to...
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