Founder, ETFguide
Contributor's Links: The Index Investing Show ETFguide

Ron DeLegge is a leading authority on portfolio construction, investment management, and risk control. His three-word investment philosophy is to help people BUILD, GROW, and PROTECT their money. Through a mix of investment research, online courses, and hands-on help, Ron shows investors like ... more

ALL CONTRIBUTIONS

Elon Musk Thinks Index Funds And Short Sellers Are Colluding
Accusing index funds and ETFs for aiding and abetting short sellers of stock is a stretch. Share lending is incidental to the index fund and ETF business and it’s not illegal.
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Battle Of The Tech ETFs: TECL Vs. XLK
Looking ahead, nobody knows if the technology sector’s outperformance over the broader stock market will continue. But we do know that technology will continue to be an integral part of everyday life and more innovation is yet to come.
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Is It Time To Sell?
With 2018 already half over, the U.S. stock market is outperforming its global peers, plus it still trades near all-time highs.
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Here’s What’s Driving Your Investment Returns
Although your investment results may seem random, they aren’t. In reality, your portfolio’s performance is directly influenced by a number of decisions you’ve consciously or unconsciously made.
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3 Strategies For Managing Higher Volatility
What makes 2018 remarkably different from the recent past is rising stock market volatility.
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Avoiding The Mutual Fund Tax Trap
Mutual funds have a major structural flaw that exposes shareholders to unwanted and unnecessary tax liabilities.
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Comments

Latest Comments
3 Lies About ETFs
2 years ago

Carol,

You're 100% correct, I'm biased! Glad you picked upon this. And more specifically, I'm biased toward a) indexing a person's core portfolio and b) using #ETFs as the building portfolio building blocks.

Finally, it's OK to have financial biases, so long as those biases are correct and firmly rooted in improving the odds of long-term investment success.

Beware of financial pundits or advisors that say they're "unbiased." Why? Because he who stands for nothing, will fall for anything.

In this article: SH, VIXY, FXE, DBC, SCHB, ICF
4 Moments When "Stay The Course" Is Really Bad Investment Advice
2 years ago

JE,

Diversification is an obvious hedge, but it still doesn't provide full downside protection.

That's why having a margin of safety built into a portfolio is an absolute must. At the portfolio construction level, it's one of the three essential ingredients to a robust and properly built investment portfolio.

I wrote a research piece about margin of safety a few months ago, here's how it works: etfguide.com/does-your-portfolio-have-a-margin-of-safety/

P.S. Diversification has layers. There's asset diversification, there's investment strategy diversification, income diversification, etc. as a few examples.

1 to 2 of 2 comments

STOCKS I FOLLOW

AAPL Apple Inc.
BAC Bank of America Corporation
CME CME Group Inc.
DB Deutsche Bank AG

TWEETS

PERSONAL BLOG

Latest Posts

Work Experience

Independent Teacher
Udemy
October 2015 - Present (3 years 1 month)

Ron is the the Lead Investor and Teacher of the following online courses:

1) Build, Grow, and Protect Your Money: A Step-by-Step Guide
2) Investing: How to Fix Hidden Flaws Inside Your Portfolio

Host & Producer
Index Investing Show
May 2015 - Present (3 years 6 months)

Ron also serves as the host and producer of the Index Investing Show, a weekly radio/podcast program. The show focuses on personal finance, investing, and retirement planning geared for the public. Ron's weekly guests have included noted authors like John C. Bogle, Mitchell Zuckoff, Sean Carr, Richard Ferri, CFA, Russell Wild, MBA along with Nobel Prize Winners in Economics like Harry Markowitz and William F. Sharpe.

Founder & Chief Portfolio Strategist
ETFguide
May 2003 - Present (15 years 8 months)

ETFguide.com is a leading provider of ETF news, data, and research on exchange-traded funds (ETFs). The firm was founded in 2003 by Ron.

Education

Securities Exchange Commission
Series 7, 63, and 65
1996 / 2007
Having successfully passed securities examinations for the series 7, 63, and 65, Ron was a licensed registered representative and registered investment advisor from 1996-2007. Ron is also proud of his clean disciplinary history with the SEC and state regulators.
American Academy of Art
Graphic Arts
1987 / 1991
While many Wall Street people go to Harvard or Yale University to learn about business, Ron went to art school. While he's no longer active in the graphic arts industry, Ron deeply admires Paul Rand's work. He also enjoys observing the loose "art form" of less refined artists - financial artists like former Federal Reserve Chairman Alan Greenspan and ex-SEC Chairman, Christopher Cox.

Publications

Gents with No Cents
Ron DeLegge
Half Full Publishing Group
12/01/2011

GENTS WITH NO CENTS explores a rarely examined side of Wall Street: Its childish antics. From accountants that can’t count, to financial regulators that don’t regulate, GENTS WITH NO CENTS will make you howl with laughter at their incompetence.

Written by Ron DeLegge II, veteran radio host of the Index Investing Show, GENTS WITH NO CENTS is narrated in an easy going style with sharp satire throughout and 20 hand drawn illustrations by noted cartoonist, Dave Clegg.

DeLegge draws from his personal experiences as a Wall Street salesperson with crazy supervisors and even crazier customers. He offers a refreshing perspective that’s opposite of the angry and condescending tone of financial literature that has come to characterize our era.