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"We know that by simply changing our allocation between stocks and bonds, we can lessen the amount of volatility in our portfolio until we reach our comfortable sleep level."

— Michael LeBoeuf
michael leboeuf Quotes Passive,Allocation,Portfolios

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M
Michael LeBoeuf
Passive
Allocation
Portfolios
Volatility

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What should have died along with communism is the belief that modern societies can be run on a single principle, whether that of planning under the general will or that of free-market allocations.

— Charles Taylor

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In an unmolested market economy - one where all dealings are consensual - the 'allocation' of wealth and income is the result of transactions.

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