WSJ columnist Jason Zweig elegantly analyzes and answers a current phenomenon: “It’s a stock picker’s market. So why aren’t more stock pickers doing better?”

Would you consider your own portfolio “diversified” if only three stocks accounted for more than 20% of the value of the portfolio? You might be excited at a cocktail party, but how well would you sleep if only one stock (Nvidia) accounted for more than 30% of the year-to-date return of the S&P 500?

Read on to learn more about how correlation and concentration are confounding stockpickers while following an evidence-based, long-view approach ignores the noise and chugs along.

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As you read this, the global headquarters of Hill Investment Group has officially relocated to our new home at Carondelet Plaza in Clayton…less than two blocks away from our old home for more than 18 years. While only a few hundred yards away, the difference in the two spaces is dramatic because our landlord has taken the long view to outfit the building with dramatically better parking for our visitors, a wonderful common area, and state-of-the-art technology that will all support your overall client experience! Stay tuned for open house dates later this year. If you can’t wait, come on by! We’d love to show you around.