Write up your takeaway after reading the followings. Two pages, single space, 12 points.The readings are in the lecture note:

Asset Allocation,by Roger Gibson

Asset Allocation,by John Templeton

9 Advantages of Long-Term Investing

Holding stocks for 20 years can turn bad returns to good

The Benefits of Diversification: A Look Back at the Past 20 Years of Stock Market Performance (find this article from chapter 6 in the reader)

Stock Market Strategies: Are You an Active or Passive Investor?(find this article from chapter 6 in the reader)

Grading rule:

Summaries and personal experience or how your ideas have changed about investment after reading,