What the Experts are Saying
Warren Buffet stated In February 2003 when he gave this advice to investors in his shareholder letter: “…those index funds that are very low cost (such as Vanguard’s) are investor friendly by definition and are the best selection for most of those who wish to own equities.
His February 2004 letter states: “Over the [past] 35 years, American business has delivered terrific results. It should therefore have been easy for investors to earn juicy returns: All they had to do was piggyback corporate America in a diversified, low-expense way. An index fund that they never touched would have done the job. Instead many investors have had experiences ranging from mediocre to disastrous.”
About Black Diamond Financial
Black Diamond Financial is a fee-only registered investment advisor that provides wealth management services by primarily utilizing a passive management strategy to create risk-appropriate, returns-optimized, and tax-managed portfolios for our clients. We act as an objective and trusted investment advisor. We are not compensated by any investment or insurance companies to sell products so our advice is completely independent.
What Makes Us Different
Black Diamond Financial has done extensive research on investing strategies and portfolio management to solidify its investing philosophy. Our investment management philosophy adheres to Nobel Prize winning academics that have consistently proven that market timing and stock selection is a futile effort that leads to lower risk adjusted investment returns. We completely avoid the futile, speculative, and unnecessary cost-generating activities of stock, time, manager, and style picking. There is no magical investment strategy that beats the market and over long periods of time it is virtually impossible to do. Instead, our investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to the structural trends of publicly traded markets around the world. Our Investment management practices are highly structured and do not deviate from certain core beliefs.
Our Primary Focus
Our primary focus is simply to help clients meet their investment objectives. To ensure we provide our clients with the greatest chance for financial success, investment portfolios are engineered to be diversified, low-cost, tax-efficient, and customized for each client’s time horizon, financial goals, and need to take risk.