Tony Werley Quotes
You can use allocations or strategies that will seem unproductive or even excessively volatile, but when you put them in the context of a larger portfolio, they play a smoothing role.
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Allocations | Strategies | Unproductive | Excessively | Volatile |
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The more you can reduce volatility on the portfolio level ... and still maintain average returns, the better your compound returns are longer term.
- Tony Werley
