
How to understand volatility and its role in portfolios
FTAdviser Podcast
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The One Free Lunch That You Can Get in Investing
The past decade from 2010 to 2020 kind of lulled us into a sense of complacency, didn't it? Everything was going up together monotonously. Valuations had reached a point where it certainly couldn't continue and certainly not at that pace. So some degree of volatility was to be expected. But you diversify your portfolios. That's the one tool that we have. Harry Markowitz, Nobel Prize winning economist said, that's the one free lunch that you can get in investing.
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