Maximizing returns does not require maximizing risk.

Every “solution” critically fails due to a “black swan” event… until now.

Infinite upside, with a finite downside.

Positive volatility is to be embraced; Negative volatility is to be avoided.

Asset allocation is beneficial only to portfolio advisors, not portfolio owners. In reality, investors see 69% of UP markets, and 87% of DOWN markets.

Hidden expenses, and fees, are the Kryptonite of any and every portfolio.

Your model’s time horizon is entirely predicated upon your ideal time horizon.

Capital gains, and the common misconceptions associated with them.

Even Superman was weak to Kryptonite…

Introduce your lesson with an optional, short summary. You can edit this excerpt in lesson settings.

Introduce your lesson with an optional, short summary. You can edit this excerpt in lesson settings.

“Teach a man to fish, he eats for a lifetime.” - Lao Tzu

The simplest solution is most likely the correct one, and if you cannot explain that solution to a child, you don’t understand it well enough..

At the heart of Smart Structure is the desire to teach investors. In an industry of smoke and mirrors, having a solid foundation and understanding allows you to disregard much of the nonsense.

There are two ways to be FOOLED. One is to believe what ISN’T true;

the OTHER is to REFUSE TO BELIEVE WHAT IS TRUE (and can be proved)!

Soren Kierkegaard -