In Praise of Simplicity

By Nicholas Vardy One of the most important things you can do to improve your investment returns might be to overcome your bias against simplicity.
As Nicholas Vardy explains today, many investors are drawn toward complex solutions, but these are often not the best.

“Simplicity is the hallmark of truth – we should know better, but complexity continues to have a morbid attraction. When you give [an explanation] that is crystal clear… your audience feels cheated and leaves the lecture hall commenting to each other: ‘That was rather trivial, wasn’t it?’ The sore truth is that complexity sells better.”
– Edsger Dijkstra, pioneer in computing science
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