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Investment professionals didn’t feel the world was ready to handle the truth about Modern Portfolio Theory. (Photo: Getty)

Face it, after reading about the 5th Deadly Sin (see “7 Deadly Sins Every ERISA Fiduciary Must Avoid: The 5th Deadly Sin – Misapplied Asset Allocation,” FiduciaryNews.com, June 9, 2015), you knew this one was coming.

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