After a frosty January, the S&P 500 and the eponymous Van- guard 500 Index Fund warmed up to finish the first quarter with a middling gain of 1.8%.
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These are notes from the book I wish I’d written. It pretty much says it all. The path of the author, Gordon Murray, mirrors my own high-flying experience on Wall Street and subsequent epiphany about the right way for individual investors to find investment success.
William Bernstein applies Ben Graham's concepts to the subject of asset allocation -- the key to risk management and long-term investment success.