Is This Rally Just a Blip?
Real Vision: Finance & Investing
00:00
Do You Fall Victim of False Diversification?
When I was at Lehman Brothers, I gave a name to this and I called it the Blop. So back then, it was like it was a weak dollar trade. Every day, XLB, basic materials would go up. It was the Blob. And so you kind of have to figure out like thematically, like if you build a portfolio based on one theme, all the diversification benefits disappear.
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