26sec snip

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

TIP470: How to Leverage Information to Serve You Best w/ Ross Dawson

We Study Billionaires - The Investor’s Podcast Network

NOTE

Harry Markowitz's Modern Portfolio Theory and the Importance of Diversification in Investing

Harry Markowitz created modern portfolio theory and won a Nobel prize for it./nDiversified portfolios containing a range of investments that are not highly correlated can achieve better returns for the risk taken./nRay Dalio references the idea of 15 uncorrelated bets as the holy grail of investing.

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