Investment Philosophy Our long term strategies are based upon academic research. Investing based on "what we know," rather than "what someone thinks." Our portfolios are fully diversified across all markets and all asset classes, eliminating the speculation of security selection and market timing. They are designed to overweight asset classes that academic research has shown to potentially help returns over time.Core PrinciplesMarkets work.Capital markets do a good job of fairly pricing all available information and investor expectations about publicly traded securities.Diversification is key.Comprehensive, global asset allocation can help manage the risks specifc to individual securities.Risk and return are related.The compensation for taking on increased levels of risk is the potential to earn greater returns.Portfolio structure explains performance.Wall Street Firms try to convince you that their money managers will add value by correctly selecting the right stocks or successfully time the market. However research has shown that market timing and security selection are responsible for a minor portion of portfolio returns. It is the asset classes that comprise a portfolio and the risk levels of those asset classes that are responsible for most of the variability of portfolio returns.There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.Asset allocation does not ensure a profit or protect against a loss.