1min chapter

Animal Spirits Podcast cover image

The Year of Disappointment (EP.303)

Animal Spirits Podcast

CHAPTER

How to Diversify Your Portfolio

Diversification is the only true risk management in investing. Owning a little bit of everything, it's like you're giving up on the home runs and getting rid of the strikeouts. It doesn't mean that you're not going to lose money when everything else is losing money. You'd rather outperform in a raging bull market than in a bear market.

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