3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP562: How to Cope With Market Cycles

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Diversification in the Stock Market

Howard Kurtz: Investment success is like the choosing of a lottery winner. Not every investment is going to turn out how you'd like, he says. As valuations march higher, then your odds aren't as good," Kurtz writes. "As valuation multiples drop, then your Odds tend to improve" The S&P 500 is only 7% off its all time high, Kurtz notes.

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