“Research has shown that using a well-thought out portfolio rebalancing process can enhance portfolio performance. The level of performance enhancement is comparable to allocating an additional 10% to 15% to equities. This performance benefit occurs without incurring the risk associat

“We don’t rebalance because we are first and foremost human beings with a multitude of considerations before we are investors and fiduciaries optimizing for long-term expected returns……Despite all of the intellect and adaptive learning that we bring to bear, sadly, human be­ings with