Steven Fetzo is an investment banker at a regional boutique firm located in New York, New York. I am heavily involved with sell side operations of the market but engage in buy side as well. From recent experience, it appears that most financial instruments have serious complexities that do not benefit the buyer, but more so the counter party. For this reason I largely invest only in stocks and exchange traded funds. Diversification is not essential but simply a concept developed to project safety which is inherently non-existent within financial markets. I enjoy reading SA material, business books, and golfing. Above all I love to be with my wife.