Why We Don’t Buy Low And Sell High
BY DAVID JOHN MAROTTA I’ve written a number of articles on the benefits of rebalancing. So it was interesting to read Research Affiliates’ CIO On “Why We Don’t Rebalance” which read in part: The reason it’s so hard for investors to rebalance, says Hsu, is less about “behavioral mistakes” and more about “the fact that ‘rational’ individuals [...]
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