Thursday, February 23rd, 2012
Hybrids & CoCos – Not As Sweet As They Sound
Dimensional Fund Advisors’ article on hybrid bank capital – Neither_Fish_Nor_Fowl-The_Hybrids_Boom is a powerful reminder to invest simply, and to be aware of the risks involved with your investments.
The main investment problems that we see are related to complex investments that go wrong. The greater the complexity, the harder it is to gauge the risks involved. We ultimately recommend keeping investments straightforward and do not try to do anything too clever.
We have over 50 years of data to prove our approach works. We believe in it to the extent that our own money is invested in the same way that our clients’ money is invested.< Back