Richard Bernstein of RBA Advisors came out this week with his firm’s version of Asset Allocation 2.0:

This is not an exhaustive list by any means, but here are three important aspects of money management that really matter during a stock market sell-off:

As they are wont to do on occasion, the markets are in the mist of a decent sell-off. The last 6 months or so have not been kind to the global markets. The S&P 500 is holding up surprisingly well in the face of much deeper losses in small caps, foreign stocks and emerging markets:

Investors often spend much of their time thinking tactically instead of psychologically. They want to know how to handle the next week or month in the markets without ever planning for the next year or decade.

In 2011, GMO’s Jeremy Grantham made a pretty bold call to buy commodities:

Patagonia founder Yvon Chouinard is something of a reluctant businessman. He never set out to create one of the most well-known clothing and outdoor brands on the planet. Everything he made during the first few years of the company was gear that him and his friends could use on their expeditions when they went mountain climbing…

This was the first year I made the transition to do the majority of my reading digitally. It takes some getting used to, but I’ve found the Kindle Paperwhite to be one of my favorite new pieces of technology. It’s lightweight and the screen quality is amazing — no glare from the sunlight, works in…

Morningstar’s Jeffrey Ptak posted some insightful data on Twitter over the long holiday weekend. Take a look at these 10 year performance numbers for actively managed mutual funds once you account for the effects of taxes on investment returns:

A reader asks: Will there be any significant premiums in the future? What is the future of risk premiums? With the amount of competition in the markets nowadays this a legitimate concern. You can now invest in almost any strategy imaginable for pennies on the dollar and do so in a diversified, tax-efficient manner. This…

If you missed part I in my Q&A with Charles Kirk, from The Kirk Report, see here. Here’s part II: