Welcome to 2014! I hope your Holidays were fantastically fun and that you enjoyed a festive New Year. I’m please to report that we had a wonderful Holiday season. One of the things that made it so special was the birth of our second daughter: Rowan Marie McCann. She arrived on November 17th – two weeks early. She was actually due on Black Friday, the day after Thanksgiving. I think she wanted to avoid the crowds. Already a smart girl. The whole family is doing wonderfully.
I thought this quarter would be a great time to follow on our last discussion regarding Reversion to the Mean. Over the course of this year, we will re-balance our clients managed accounts. So this is a great time to discuss some of the mechanics of managing your asset allocation…
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