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ETFs are "old fashioned crap", good sex in a bear market, "don't f--- it up" & 2 stocks to own for 20 years | 2 Sense with Owen Rask & Drew Meredith

Australian Investors Podcast

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The Importance of Diversification

I mean, two massively different asset classes with completely different risk profiles. It depends on what you're seeking to achieve. But I think both have a role to play and more importantly, while we did buy one over the other, it just depends on they both perform differently in different market conditions. And this comes back to that concept of diversification. A lot of people don't use all index funds because of the volatility, the ups and downs. So if you, the reason why portfolio managers or sorry, I should say financial advisors, design portfolios with multi asset mind in mind is that it's easier for someone not to get out of investing when they are actively taking strategies to limit the downside

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