— Ray Dalio“Too many investors are reactive decision makers . . . if something has gone up, they say ‘ah, that’s a good investment,’ they don’t say ‘that’s more expensive.’ It’s the most common mistake in investing.”
In this Issue:
- Our Investment Outlook
- “Dow 36,000″ Insanity Returns
- The Siren Song of the Market
- Composite Portfolio
- Credits
- Composite Performance Disclosure

