Navigation Links
Evidence-Based Investing: M.D. Turned Financial Advisor Diagnoses What Ails Most Investors
Date:9/30/2008

icit, and judicious use of current best evidence in making decisions about the care of individual patients."

Explaining how this medical standard of practice can be applied to the world of investing, Brian J. Knabe, M.D., financial advisor, Savant Capital Management, Inc., said: "A doctor or surgeon could never ignore the established research in recommending a totally ineffective or even counterproductive approach for a patient. Yet the truth is that most financial advisors and brokers knowingly do this all the time for their clients. Most brokers on Wall Street believe that successful investing involves 'beating the market,' and that the best way to achieve this is through 'actively managed' investment strategies. Evidence demonstrates, however, that this assumption is without foundation. Both the method (the continuous trading of securities for short-term gains) and the goal (beating the market) add risk and expense while delivering a lower overall return compared to investing strategies that neither actively trade nor seek returns greater than the market. Though this is counter-intuitive for many people, the evidence is simply overwhelming."

Brent Brodeski, managing director, Savant Capital Management, Inc., said: "Over the last five decades, there has been a truly quantum leap forward in the understanding of how capital markets work and what specific factors drive investment return over time. High-quality research clearly demonstrates which investment approaches are most likely to succeed as well as those that involve unnecessary risk and are more likely to fail. Even though this research exists and is virtually irrefutable, most investors do not make their investment decisions based on the evidence. To the contrary, fear and greed rather than evidence drive investor decisions. It is amazing how few investors are even aware of the overwhelming body of evidence that exists regarding optimal investing."

WHITE PAPER: DIAGNOSING WHAT AILS CONVEN
'/>"/>

SOURCE Savant Capital Management Inc., Rockford, IL
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine news :

1. DIA Conference to Provide New Paradigms in Evidence-Based Medicine and Health Technology Assessment
2. First Comprehensive Reference on Evidence-Based Design Published
3. Experts from 10 countries develop first evidence-based definition of lifelong premature ejaculation
4. Phoenix Academys Therapeutic Community Model Is First to be Federally Recognized as Evidence-Based
5. Elseviers WiserWiki allows physicians to update evidence-based medical information
6. Elseviers "WiserWiki" Allows Physicians to Update Evidence-Based Medical Information With Experience-Based Practice Insights
7. Wiley-Blackwell and U. of Penn Health Systems Center for Evidence-Based Practice launch InfoPOEMs
8. Defining the Value of Medicine in an Evidence-Based Healthcare Marketplace
9. U of M study: Medicare lacks tools, incentives to enforce evidence-based coverage policies
10. Vanderbilt Medical Center chosen as Evidence-based Practice Center
11. AHRQ Announces Next Phase of Its Evidence-Based Practice Center Program
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/25/2014)... This is a professional and in-depth ... industry with a focus on the Chinese market. The ... the Sterilizers manufacturers and is a valuable source of ... the industry. This report provides a basic overview of ... In this part, the report presents the company profile, ...
(Date:12/25/2014)... New York (PRWEB) December 25, 2014 ... 2010 DePuy ASR hip recall ( http://www.consumerinjurylawyers.com/DePuy/ ) continue ... reports. According to an Order issued in the U.S. ... the Court will convene an open conference on January ... and United States Courthouse in West Palm Beach, Florida. ...
(Date:12/25/2014)... Angeles, CA (PRWEB) December 25, 2014 The ... Dolcemaschio was created in honor of a true 9/11 ... at two film festivals including the 24 hours of Nuremberg ... Festival in Bangladesh. , Actress, screenwriter and director ... helped produce this film together with her husband, Gregory ...
(Date:12/25/2014)... 2014 When head lice hits a home ... frenzy to get rid of it while keeping it from ... Gables now have the solution right in their neighborhood: ... Lice Troopers provides full spectrum head lice screening and treatment ... including Sunset, Key Biscayne, Brickell, Coconut Grove, Kendall, Pinecrest and ...
(Date:12/25/2014)... Dec. 25, 2014 (HealthDay News) -- Overeating is common during ... eat in moderation, an expert says. "Don,t arrive at ... calories if you know you,ll be attending a party, but ... Ashbey-Pejoves, lead dietitian at Northern Westchester Hospital in Mount Kisco, ... to eat healthy during the day and even to have ...
Breaking Medicine News(10 mins):Health News:Sterilizers Industry Global and Chinese Analysis for 2009-2019 Now Available at ReportsnReports.com 2Health News:Sterilizers Industry Global and Chinese Analysis for 2009-2019 Now Available at ReportsnReports.com 3Health News:Federal Court Overseeing DePuy ASR Hip Lawsuit Set to Convene Conference in January, Bernstein Liebhard LLP Reports 2Health News:Federal Court Overseeing DePuy ASR Hip Lawsuit Set to Convene Conference in January, Bernstein Liebhard LLP Reports 3Health News:The True 9/11 Hero Story “Color of Honor” Premieres in Germany and Bangladesh: Luciana Lagana Plays the Mother of the Lead and Co-Produces with Blaise Dolcemaschio. 2Health News:The True 9/11 Hero Story “Color of Honor” Premieres in Germany and Bangladesh: Luciana Lagana Plays the Mother of the Lead and Co-Produces with Blaise Dolcemaschio. 3Health News:Coral Gables Florida Gets Ready to Be Lice-Free with Lice Troopers 2
... can be prevented by limiting the amount of carbonated ... ,Researchers introduced an education program in six different schools ... the consumption of soda among children ages 7 to ... over a three-day period and body mass index of ...
... one more factor to their prescription for subsequent heart attack ... having a close relationship with another person, whether it be ... heart attacks by 50 percent. This was true even after ... and other risk factors. Researchers suggest those people who do ...
... up late at night, when hunger strikes may seem a ... because people do // not eat enough throughout the day. ... they tend to crave carbs and sweets . ,Studies ... irritable and angry. When these same people resume normal eating ...
... may be linked to an increased risk of breast cancer ... Researchers found women who experienced a short, but severe decrease ... likely to develop breast cancer than women not affected by ... 33 during the Dutch famine participated in the Dutch breast ...
... suggest a potential treatment to minimize disability after spinal ... approach is based on a natural mechanism cells have ... specialists . Researchers say the goal of their work ... that occurs in the hours and days after a ...
... surviving pneumonia may mean just a short-term lease on ... Results of the study show // increasing age combined ... and anemia were significant and independent predictors of death ... for pneumonia. ,In addition, patients with poorly controlled ...
Cached Medicine News:Health News:New Findings Could Reduce The Extent Of Spinal Cord Injuries 2
(Date:12/24/2014)... FARMINGTON, Conn. , Dec. 24, ... PTN), a biopharmaceutical company developing targeted, receptor-specific peptide ... unmet medical need and commercial potential, today announced ... of 2,050,000 shares of its common stock and ... its common stock.  Funds under the management of ...
(Date:12/24/2014)... 23, 2014 PuraMed BioScience®, Inc., (OTC Pink: ... medicinal and healthcare products, announced it received the initial ... hemp-based, advanced headache relief product, for planned distribution to ... Colorado , Washington State , ... the MigraPure H Advanced headache relief gel formulation completed, ...
(Date:12/24/2014)... Wash. , Dec. 23, 2014  Advanced ... development company engaged primarily in the development of ... therapeutic applications, today announced that it has filed ... Food and Drug Administration ("FDA") for marketing clearance ... Section 513(f)(2) of the U.S. Food, Drug and ...
Breaking Medicine Technology:Palatin Completes $20 Million Equity and $10 Million Debt Financings 2Palatin Completes $20 Million Equity and $10 Million Debt Financings 3Palatin Completes $20 Million Equity and $10 Million Debt Financings 4PuraMed BioScience Nears Final Stages Needed for Distribution of MigraPure H 2PuraMed BioScience Nears Final Stages Needed for Distribution of MigraPure H 3Advanced Medical Isotope Corporation Files a "de novo" Submission for Y-90 RadioGel(TM) Device 2Advanced Medical Isotope Corporation Files a "de novo" Submission for Y-90 RadioGel(TM) Device 3
... Industry-Funded Immune Globulin Study Uncovers Sample,Manipulation, Design ... -- An analysis,released today critically examined a ... autism and Rh immune globulin,(RhIg) injections, some ... extensive design flaws, the,analysis uncovered manipulation of ...
... OSS, the Netherlands, June 27, 2007-Organon, the human,healthcare ... two,out of three Phase III clinical trials with ... have reached,their randomization target. , ,Corifollitropin alfa ... first of a new class of gonadotropins (a ...
Cached Medicine Technology:Genetics Journal Thimerosal/Autism Study the 'Best Science Drug,Company Money Can Buy' 2Genetics Journal Thimerosal/Autism Study the 'Best Science Drug,Company Money Can Buy' 3Two Phase III clinical trials on corifollitropin alfa (Org 36286),reach randomization target 2Two Phase III clinical trials on corifollitropin alfa (Org 36286),reach randomization target 3
The most compact revolutionary innovation in hematology. Automated and fully-integrated slide preparation and staining system....
... In response to the needs of its ... dilution, ABX has launched the latest development in ... In addition to these unique new features, the ... of the PENTRA 80 including fully automated throughput ...
... The remote vision controls ... NP-3S chart projector from the ... the autorefraction measurements can be ... via wireless data transfer. The ...
... is an advanced, hand-held visual stimulation device ... LKC system or used as a stand-alone ... Using LKCs exclusive Kurbisfeld technology, the ... meet ISCEV (International Society for the Clinical ...
Medicine Products: