June 07, 2013 at 10:19 AM EDT
More Unconventional Failure
by Folio Investing Guest post by Richard (Rick) A. Ferri, CFA, founder of Portfolio Solutions. Unconventional success from an investment strategy leads to failure for most investors. The excess gains earned by the early adopters of a new investment idea quickly dissipate as growing crowds become increasingly unsophisticated and push down returns. It doesn’t take long before [...]
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