3min chapter

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Nick Maggiulli: Just Keep Buying

The Alchemy of Money

CHAPTER

The Only Way Out Is Diversification

There's some stock markets that, overtime, either had long, really long periods. Or if you go back to world war to or now russia, there's instances where the society in that stock markets kind of just completely falls out of bed. So i think a lot of these times, these tail risks are far more importantant than your portfolio. And even then, like, what if electricity goes down? What if happens wu? I mean, so many p theres an apocalypse, it's not going to matter ehand.

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