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Occam’s Razor and Investing

August 26, 2013 By Lowell Herr

Establish Basic Principles of Investing What does Occam’s Razor* principle have to do with investing? Furthermore, what is Occam’s Razor?  The principle states that “Entities should not be multiplied unnecessarily.” The principle is attributed to the 14th century Franciscan friar, William of Ockham.  Isaac Newton stated the Occam’s Razor another way with this rule. “We […]

Filed Under: Beginning Investors Tagged With: Beginning Investors

Questions To Ask Before You Hire A Professional Money Manager

August 25, 2013 By Lowell Herr

What To Look For When Selecting A Money Manager In The Investment Answer, authors Daniel Goldie and Gordon Murray pose five critical decisions facing investors.  Decision #1 is – The Do-It-Yourself Decision.  Will you manage your own portfolio or turn it over to a professional money manager?  Before you make this decision, be sure to […]

Filed Under: Beginning Investors, Critical Material, Portfolio Management Tagged With: Portfolio Management, Professional Management

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