Duh? So how do you spell Norwegian? Pssst - Wellesley.
What part of Walter L. Morgan (aka Wellington 1929), Ben Graham, or my ancient(ok semi ancient 1980 piechart) of the 'policy portfolio.' did these finance whiz types refuse to see.
I'm old enough to remember Bogle's Folly.
heh heh heh -
Hey - I must be finally getting old and cranky
since these type of articles push my rant button. Rather than grateful we had low cost Index 500 in our 401k and I had read what Ben Graham's Intelligent Investor, the typical pension fund(60/40) and later Bogle was all about.
One more time - with feeling - psst Wellesley.