Faith-based planning
All financial planning is faith-based. Faith that past performance will be at least somewhat indicative of future returns.
The National Christian Financial Advisors take it to a new level. There’s a short blurb in Investment News that discusses their approach to financial planning:
“We advise clients from a Christ-centered standpoint and put together a financial plan for them,” said Hakeem J. Webb, senior investment adviser at NCFA.
…[Hakeem] likened the importance of casting bread upon the waters - which is a symbol of money - to diversifying money into many investment buckets.
Harry Markowitz—brilliant economist or biblical plagarist? I guess modern portfolio theory isn’t so modern after all.