Denton County Living Well Magazine Winter 2015 | Page 48

A Steady Hand
Pays off in
Unsteady
Markets
Courtesy Richard Ferri, CFA

E

ach December four of my friends gather at a coffee shop
to exchange pleasantries and talk investments. The four
then decide what changes, if any they will make to their
portfolios, and then go out and execute them.

My friends discussed modern portfolio theory in an intelligent
fashion during Z\