Brinson, 54, is a former finance professor who started out running money for First Chicago in the 1970s.
But Brinson says this cast of mind is appropriate to small-stake investing, too.
Brinson's mother dabbed tears away from her eyes when James thanked his soon-to-be in-laws for what they do for his family.
Tony Dye and Gary Brinson, the two firms' chief investment officers, have left and the two companies are to be combined.
"I know you're embarrassed when I call you that, " Brinson said.
The Brinson Global Securities fund has returned 15.5% annually since 1981.
Brinson says none of that seemed to bother Citigroup during her five years as a cardholder, until several months ago, when her card was rejected at a supermarket.
With a basket spread widely around the globe, Brinson argues, you can get equity-like returns with the low volatility you would expect from a balanced portfolio (a mixture of stocks and bonds).
Citigroup tried to persuade a federal judge the suit should be tossed out of court because Brinson, who is representing herself, accused Citigroup of violating laws that seem to have nothing to do with her case.
In fact, the Brinson, Hood and Beebower study a lot of advisors chant about demonstrated that 90% or more of the variance in returns among large pension plans was explained merely by their allocation to stocks, bonds and cash.
In a ruling last week, Judge Christopher A. Boyko of the U.S. District Court for the Northern District of Ohio agreed with Citigroup that Brinson had cited the wrong laws in her complaint, but concluded that she has a case under the Equal Credit Opportunity Act, which prohibits creditor-on-debtor discrimination based on race, age, marital status and the like.
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