International Diversification is the only real diversification! I am honestly worried, saddened, and a little exasperated by the mainstream view of diversification. This is one of those topics that is deceptive in that, because of the simplicity of the concept, people rarely take the time to truly understand it. Still think you’re diversified? Photo via Mrs Logic Being overconfident in your own knowledge is dangerous in any case and this is no different, there are dire consequences to having all of your eggs in one basket. Yes, I am taking the stance that not only do most people not fully understand diversification, but that most are not really diversified at all!
http://www.onlywire.com/r/116373944
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