A lot of readers have sent me emails about risk adjusted returns. I’m glad people are interested in learning more about this because I believe it is one of the most fundamentally misunderstood parts of investing. I have attached a very basic primer and a few links.
Enjoy, read up and after a few weeks you’ll sell all of your mutual funds and ask yourself why you wasted so much money in fees. Obviously, for more advanced investors this post is a waste of your time….
The very basics here and here.
And some meat and potatoes:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.