Tuesday, November 5, 2013  William Bernstein on Deep Risk,
Shallow Risk, and Investing for the Long-Term  Welcome to this
week's video blog made in conjunction with The Wealth Channel at
the American College. Today I provide a discussion of William
Bernstein's important new e-book, Deep Risk: How History Informs
Portfolio Design.  For email readers, the videos never show up
in the email, but you can see the video by clicking here.  What
now follows is not an exact transcript. It is the written
version of what I meant to say above, though as I was not
reading from a script, I sometimes veered away from the plan
when speaking:  Deep Risk and Shallow Risk  Deep Risk: How
History Informs Portfolio Design is the third in a series of
e-books by noted financial advisor and historian William
Bernstein. This is an investing text which is of the upmost
relevance to long-term investors seeking to build a lifetime
financial plan. It is a book which focuses on the greater long-
term picture for investors.  In the introduct