Diversification: The Holy Grail of Investing
The Holy Grail of Investing, a quotation ascribed to Ray Dalio for defining diversification, portrays his sheer ingenuity in the fields of investment. This cleverly-crafted metaphor compels us to address the foremost question, why do we need diversification? Imagine having a stock that constitutes a large portion of your portfolio. Say if it went down by 50% […]
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