Skip to content
Archive of entries posted on 25th August 2017

Diversification, Allocation, Sunk Cost and Snake Oil.

Diversification is the only free lunch. That’s an old maxim. Diversification limits your risks, but limits your returns. Concentration maximizes your returns, but also your agita. This morning one stock account of mine (at Fidelity) was up $20,000. Now it’s lunchtime and it’s down $5,000. That’s because Square, Alibaba, Netflix, Facebook and Amazon are having […]