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  1. Slave to flows

    I bet you never really worried about the comovement of stocks (provided you ever gave it a thought). With steadily increasing assets under passive management, maybe you should.

  2. Merry Xmas Everybody

    I’ve opted for a slight twist this time. No figures, no rumination on market whims, no mathematics.

  3. The paramount choice

    The importance of asset allocation? Lock stock and barrel. Or not that much, really. Or something in between.