Simplicity

What the data says at the 50th anniversary of Malkiel's Random Walk Down Wall Street.

Bigger is not better in the money management business and the larger you are as an investor, the harder it is to allocate in a manner that keeps managers small.

The evidence may surprise you.

It is not easy and requires a lot of active discipline and fortitude.

The evidence continues to suggest that we should work harder on being simple.

An idea that may put both the industry and investors in a better position to form stronger, more lasting partnerships.