120: Meb Faber – A Crash Course in Long-Term Investing—For Short-Term Traders
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How to Diversify Your Portfolio
The biggest problem with buying hold global portfolio is the long bear markets and drawdowns 2008. A problem with an active trend following portfolio is not necessarily an O8 because usually those do well in that sort of environment. So we said in this paper, the conclusion was to put the two ideas together, 50% each, to diversify not only your portfolio, but also your psychology.
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