Wealth Management Leader Mitch Levin Publishes New Blog Questioning The Validity Of “Superior” Money Managers
Mitch Levin, CEO & Managing Director of Summit Wealth Management, Inc. – Florida Division, a wealth management company, explains to readers that many “superior” money managers have simply been lucky “coin flippers.”
Orlando, FL – March 17, 2011 – Mitch Levin, CEO & Managing Director of Summit Wealth Management, Inc. – Florida Division, a wealth management company, recently published a blog on his website (http://www.mysummitwealth.com) discussing the reality that even random coin tossing would result in a small minority of funds outperforming the market year after year. The blog, titled “Superior Fund Manager… Or Lucky Coin Flipper?” questions the wisdom of investing hard earned money into funds managed by “superior” managers.
Mitch Levin writes, “They make the cover of Money Magazine and they get written up in the Wall Street Journal. They will be all over TV and will become rich and famous. But they’re not really “superior” managers— they just happened to get lucky for several years in a row.”
Summit Wealth Management specializes in wealth management. They empower Full Financial Health through Solid, Safely Managed Growth, and Trusted Advice.
The entire blog can be found at http://www.mysummitwealth.com/blog/superior-fund-manager…or-lucky-coin-flipper.php
To learn more about Summit Wealth Management, please visit http://www.mysummitwealth.com
About Mitch Levin:
Dr Mitch Levin assumed the role of CEO and Managing Director for Summit Wealth’s Florida offices in January of 2010. Dr. Levin brings great energy to the firm’s endeavors, founded upon client advocacy and education.
Offering solid growth, safe management, and trusted advice, Dr. Levin and Summit’s mission is to empower all clients to achieve full financial health.
Mitch is Certified in Wealth Preservation Planning and Asset Protection Planning and is an “AA” rated Florida State Representative of the Asset Protection Society. As a member of the Wealth Preservation Institute, he seeks to ensure all aspects of Summit clients’ financial lives are properly examined, optimized, monitored, and ultimately ‐ driven to success ‐ through a team of Expert Specialists.
Bestselling author, trusted advisor and accomplished public speaker, Mitch’s work has appeared in more than a dozen reputable and award winning publications.
Serving as President of Ivanhoe Foundation, Inc. is just one example of the many philanthropic efforts Dr. Levin pursues. Mitch has lived in Central Florida for over 25 years. He has two sons who are embarking on their professional careers. He enjoys skiing, sailing, golf, and attending the opera with his wife.