Investing

The track records of many successful professionals can be attributed to keeping it simple and avoiding unforced errors

Every year over the past 10 years we have written a similar letter.

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.

Reviewing what the data says and letting the chips fall where they may.

It seems like we have been continuing to have the same debates over and over for almost 100 years.