Important Research on Adding Value and Profitablity to Your Portfolio
This week I want to look at what the first ten months of 2026 can teach us about how we invest — and why broad diversification keeps looking like the smartest seat in the house.
I start with a Ben Carlson piece from November 1. If you’ve been picking individual tech and AI stocks lately, it has felt like a bloodbath: Google down more than 30% from its highs, Intel off 54%, Netflix down more than 50%, and a long list of others in the penalty box. And yet the S&P 500 is still up almost 12% on the year, with two-thirds of stocks higher. That gap is the whole case for index funds — and the same…
The skinny
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