by Lewis Johnson, Sub-Advisor, Co-Chief Investment Officer at Capital Wealth Advisors // Dec 27, 2017
Chief Conclusion: I can’t tell you how many times in the investment business I have heard someone parrot to me the first quote above, Keynes’ famous line about how it’s better to “fail conventionally” than to succeed unconventionally. If this sad view is truly as widely shared in the investment business, as I fear it...