Philosophy

"It’s not whether you’re right or wrong that’s important, but how much money you make when you are right and how much you lose when you’re wrong."
-GEORGE SOROS

My investment philosophy has been greatly influenced by a couple of major events over the past 20 years. The Asian Financial Crisis in 1997 made it clear to me that diversification was not 3 mutual funds. I needed to find alternative investments that did not correlate to the stock market. Today this a core belief in what I do. The run-up in stock prices in 1999 that saw the NASDAQ 100 index go up 101.95% and then plunge -36.84% in 2000, -32.65% in 2001, and -37.85% in 2002 also had a huge impact on me. To try and minimize losing money became another core belief. In all my portfolios today, you will see broad diversification among asset classes and a gravitation towards money managers or strategies that attempt to minimize the downside risk that is inherent with investing.