Is your portfolio overweight?

One of the great principles of portfolio management is diversification, based on appropriate exposure to risk. If you’re not applying this rule, here’s what to do.

In 1841, well before multi-skilling had entered the vernacular, Scottish poet, journalist, anthologist and songwriter Charles Mackay published Extraordinary popular delusions and the madness of crowds. It was later claimed that he exaggerated the impact of tulip mania, but Mackay was onto something. Together, people are more capable of damaging and ill-conceived behaviours.


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