CONCENTRATION VS DIVERSIFICATION – LESSONS FROM A FUND MANAGER WHO BLEW UPGuest Post
CONCENTRATION VS DIVERSIFICATION – LESSONS FROM A FUND MANAGER WHO BLEW UP via The Asia Report
I read a story on Kiplinger about a fund manager who closed up shop after fifteen years managing money due to his poor performance in the last two years.
He pretty much sums up the problem with concentration:
Magnifying the problem was my decision to put too much money into my favorite . . .
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