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In Investing, Siz(ing) Matters

September 30, 2016

Gen. Robert H. Barrow, Commandant of the Marine Corps, noted in 1980 that… Amateurs talk about tactics, but professionals study logistics. Similarly, in the investing world, “stock selection” is talked and written about ad nauseum by amateurs, but in my opinion, “position sizing” represents┬áthe more crucial component of investing success. This is why an academic …

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