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When Diversification Does More Harm Than Good

FYI: Portfolio diversification for its own sake is like going to Vegas only for the free food: If that’s the point, it will cost a whole lot more than it’s worth.
Regards,
Ted
https://www.institutionalinvestor.com/article/b1h9yplmr3zly9/When-Diversification-Does-More-Harm-Than-Good
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