How Market Timing Plays Into Diversification

The concept of correlation versus non correlation is almost something that's, that's almost, it's taboo. When you're in all tech stocks, you're going to be so highly correlated. And the problem with that is that when you're non correlated, you reduce your portfolio risk by almost 30 to 35%. That means portfolio volatility, your volatility of your P&L and just how much P&L risk you have.