| |
| | The Brick Blog: The "Zealots" Have It Wrong |
 | | The Zealot believes that the asset allocation decision, and not security selection, is the most important determinant of long term performance. |
 | | The Zealots love BHB as it seems to support EMH which states that security selection is pointless. |
 | | Using, better yet, misusing the BHB study the Zealots set portfolios with rigidity (i.e., 20% large cap stocks, 10% foreign stocks, 15% small cap stocks, 10% short term bonds, etc). |
| www.brickfinancial.com /2006/04/zealots-have-it-wrong.html (1014 words) |
|