Have we simplified investing yet?

Identify a stock’s current or potential value, buy it at a price below that value and you should be a successful investor. It’s that simple. But in reality, investing is not that simple. Investors, often with the help of Wall Street, complicate investing all the while thinking they are simplifying it. So it is, in my opinion, with ETFs and the “Efficient Market Theory,” a combination meant to help you cheaply “get the return of the stock market.” Sounds like a dream combination doesn’t it? That should be your first red flag. In this newsletter I will discuss “Exchange Traded Funds” (ETFs) and the “Efficient Market Theory” (EMT), why I don’t believe in either and how they have made investing more complicated.

Please click here to view the Fall 2015 newsletter.

This material was created while Al Boris was at a previous broker/dealer and has been rebranded to reflect his current firm, Alex. Brown, a Division of Raymond James. It is provided for historical purposes only. Investors should not act on the historical comments which do not reflect current market conditions.