Most investors take an asset allocation approach to investing. They understand diversification will smooth their path vs. a stock-only benchmark like the S&P 500. But do they realize just how long they can underperform? If you ask most investors how long they can handle underperforming, they usually say just a few years. (Polls here, here, […] The post #18: “Your Asset Allocation Can Go A Long, Long Time Underperforming the S&P 500” appeared first on Meb Faber Research - Stock Market an...