Meb Faber: Controversial Investing Insights
"World of DaaS"
Importance of Starting with a Globally Diversified Asset Allocation
In the world of investing, starting with a globally diversified asset allocation is crucial. Drawing a parallel to the concept of the food pyramid from childhood, just like the base of the pyramid was fundamental for a healthy diet, the foundation of a portfolio should consist of global stocks, global bonds, and global real assets. This approach is akin to cooking with basic ingredients for successful outcomes, emphasizing the necessity of getting the fundamentals right before delving into advanced investment strategies.
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