Four questions that financial advisors and clients need to ask in a post-Madoff, post-meltdown era
Until hard questions are asked, people default to the old answers
Author Brooke Southall March 8, 2010 at 5:23 AM
some guy
March 15, 2010 — 10:02 PM
MPT did work, but every advisor played out 2 standard deviations instead of 3. If you look, 2008 was totally in the range of possible— just not probable.
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