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The Problem With Trying to Quantify Risk

FYI: (The Article Ben is referring to is "David vs. Goliath" is relinked at the bottom of this article)
I received a huge response about my post from earlier this week where I showed that a 60/40 Vanguard portfolio beat the majority of college endowment funds over the previous 5 and 10 year periods. I’m always willing to see the other side of an argument, so I wanted to dig a little deeper into the biggest pushback I received which was some variation on this:
Regards,
Ted
http://awealthofcommonsense.com/2016/03/the-problem-with-trying-to-quantify-risk/
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