Low ETF Weightings: An Exercise In Futility

The longer you invest or are involved in the investment industry, the more humbled you become. You quickly realize that there is rarely a cut-and-dried answer to, well, anything, and that in a large majority of cases an investment decision can be ‘justified’ through some sort of argument, process or logic for better or for worse. However, there is one issue that is continuously encountered for which to the best of my ability I cannot think of any justification. That is the...