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In order for QRS to provide the highest quality advice to clients, we consistently
seek to better understand the world in which we live. Analyzing the complex
and dynamic relationships of the many forces that influence the world is a
necessity. Our focus is more weighted towards the Sciences than the Arts.
The three broad macro areas where we try to focus our efforts are Political
(legal and governmental), Economics (finance and commerce), and Sciences
(environmental, medical, and technological).
Three fields of particular interest to us are those of Behavioral Finance,
Behavioral Economics, and Game Theory. The Behavioral fields, while closely
related, are separate areas of study. The world and financial markets are
driven by human decisions and actions. Behavioral Finance and Behavioral
Economics attempt to apply scientific research to human and social cognitive
and emotional biases to better understand economic decision making and
how it impacts market prices, returns, and the allocation of resources. Game
Theory is often applied with quantitative models to better understand decision
making in a competitive environment. Our purpose here is to better
understand markets and investor rationale so that we may identify
inefficiencies that can be turned into profitable opportunities. We also strive
for clients to optimize their decision making capability with reliable information
in order to prevent an incorrect bias influencing decisions.
QRS is an apolitical organization. However, in the course of providing services
for our clients, potential political implications must be analyzed for the effects
on the economy, markets, and each client's financial outlook. Our beliefs are
in healthy and constructive debate in order for progress and the betterment of
mankind.
seek to better understand the world in which we live. Analyzing the complex
and dynamic relationships of the many forces that influence the world is a
necessity. Our focus is more weighted towards the Sciences than the Arts.
The three broad macro areas where we try to focus our efforts are Political
(legal and governmental), Economics (finance and commerce), and Sciences
(environmental, medical, and technological).
Three fields of particular interest to us are those of Behavioral Finance,
Behavioral Economics, and Game Theory. The Behavioral fields, while closely
related, are separate areas of study. The world and financial markets are
driven by human decisions and actions. Behavioral Finance and Behavioral
Economics attempt to apply scientific research to human and social cognitive
and emotional biases to better understand economic decision making and
how it impacts market prices, returns, and the allocation of resources. Game
Theory is often applied with quantitative models to better understand decision
making in a competitive environment. Our purpose here is to better
understand markets and investor rationale so that we may identify
inefficiencies that can be turned into profitable opportunities. We also strive
for clients to optimize their decision making capability with reliable information
in order to prevent an incorrect bias influencing decisions.
QRS is an apolitical organization. However, in the course of providing services
for our clients, potential political implications must be analyzed for the effects
on the economy, markets, and each client's financial outlook. Our beliefs are
in healthy and constructive debate in order for progress and the betterment of
mankind.
| An Insight Into a Portion of Our Qualitative Process |
| QRS Investment Portfolio Maxims |
© 2008 QRS Wealth Management LLC. All rights reserved. Disclosure Information
 | A well-constructed strategy that is logically implemented and monitored is |
| Long-term investors are more likely destined to achieve their financial |
| Diversification reduces portfolio risk and provides superior long-term |
| Asset Allocation (or diversification) is the most important variable in |
| Markets will fluctuate. “Losing less” in down markets is more important |
| Value – what is the cost versus the benefit? – is a very important |
| Combining both active and passive management benefits investment |
| Attempting to “time the market”, “chasing returns”, or investing on a “hot” |
| Fees, expenses, and transaction costs matter. |
| Taxes matter, although should not be the primary driver of investment |
| Investment returns should be evaluated on the basis of absolute return, |
| “Real Returns” measured after inflation and all costs are what matter |
Quality Advice Results in Your Financial Success
