Keep It Simple (But Not Too Simple)

Listen to many market pundits and prognosticators, and they will make the stock market seem like a completely understandable world that, with time and dedication, can be mastered. But in a great piece on his Above The Market blog, Robert Seawright says that neither overly simplistic theories nor incredibly complex ones will give you all the answers. “We love complexity,” Seawright writes (h/t to The Reformed Broker for highlighting the piece). “We should of course go with the simpler explanation or approach unless and until something more complex offers greater explanatory power. But we don’t. We want to include our […]