MI238: A Guide to a Winning Investment Strategy w/ Larry Swedroe
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Warren Buffett's Great Stock Picker
Academic studies show that 90% of returns are determined by asset allocation decisions, not security selection or stock picking. Warren Buffett had been telling investors for decades that he beat the market because he bought cheap stocks that were more profitable and they were higher quality. If you just bought an index of those stocks you basically match Buffett's performance and his alpha all his outperform is virtually disappears. He has not outperformed these types of indices for the last 13 years or so.
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