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Dorsey: High Ticket Price on the Flight to Safety

In a rush to dampen the volatility of their portfolios, many investors are ignoring the danger that their holdings won't appreciate enough to meet their financial goals, says Sanibel Captiva Investment Advisers' Pat Dorsey.

Note: Pat Dorsey is the former director of equity research at Morningstar. He is now the president of Sanibel Captiva Investment Advisers.

Jason Stipp: I'm Jason Stipp for Morningstar.