Diversification vs. the Siren’s Song
25 years ago I wrote a book called “Navigate the Noise” that posited people have difficulty building wealth because they often follow a Sirens’ Song of high-returning yet “riskless” assets instead of following time-tested wealth-building principles. Continuing the Greek mythology theme, investors’ portfolios that steer toward the hauntingly attractive story of “riskless” high-returning assets eventually [...] The post Diversification vs. the Siren’s Song appeared first on ETF Trends.
25 years ago I wrote a book called “Navigate the Noise” that posited people have difficulty building wealth because they often follow a Sirens’ Song of high-returning yet “riskless” assets instead of following time-tested wealth-building principles. Continuing the Greek mythology theme, investors’ portfolios that steer toward the hauntingly attractive story of “riskless” high-returning assets eventually [...]
The post Diversification vs. the Siren’s Song appeared first on ETF Trends.
