Portfolio Selection for 2012
To say that this was an interesting year is certainly an understatement. To briefly restate the well-known issues, the lackluster US economic recovery, lack of direction from Washington, Arab spring, increasingly aggressive stance against Iran, Greek debt and Euro troubles, are just to list a few. We should probably refer to the “interesting” year as what the Chinese culture refers to “interesting”, meaning it is challenging or troublesome. With high …