FYI: In February 2000, a financial advisor named Bob Markman* wrote an article that got a huge amount of attention online. Called “A Whole Lot of Bull*#%!” (that’s how the original was spelled) and published by Worth magazine, the article attacked the idea of diversification, arguing that any money put into currently underperforming investments was money wasted. Internet and other technology stocks had been so hot for so long that nothing else was worth owning, Markman argued. He was far from alone in saying that.
Regards,
Ted
http://jasonzweig.com/diversification-overrated-not-a-chance/
