Is It Unreasonable to Be 100% US Small Cap Value?

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If you have an idea, but it's not the right idea for the right time or place, it may not go anywhere. But on the flip side of that coin, if you do have the right idea at the right time and the right place, you'd have to attribute some of the success there to having good luck. Just something to ponder while we relax in our easy chairs. You haven't got the knack of being highly rich, you see, you should do like me. The pleasures are unlimited.

In this episode we answer questions from MyContactInfo, Wesley and Adam. In a tour de force presentation, we discuss Michael Mauboussin's book, "The Success Equation: Untangling Skill and Luck in Business, Sports and Investing", the implications of an all small-cap value portfolio and applying the ideas of Bruce Lee and Emerson to Jack Bogle's "Common Sense Investing". And we also take a frolic and detour into the Twilight Zone.

Links:

CFA Institute Book Review the The Success Equation: The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing (a review) (cfainstitute.org)

Twilight Zone Episode Clips: Twilight Zone: Of Late I Think Of Cliffordville - YouTube

Earn & Invest Podcast (#349) Interview of Paul Merriman: Are We Leaving Money on the Table? — Earn & Invest (earnandinvest.com)

Rational Reminder Podcast Interview of Vanguard's Former CIO: Episode 216: Gus Sauter: Vanguard's Former CIO on Indexing, Active Management, and Private Equity — Rational Reminder

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