EPISODE · Jun 3, 2019 · 3 MIN
The Asset Allocator: Does Global Diversification Still Work?
from SA For FAs · host Seeking Alpha
Should investors finally throw in the towel on global diversification after the S&P 500’s trouncing of everything else for over a decade now? This brief podcast (4:11) argues that if the path to riches were knowable, one would expect the most highly trained economists to be among those who discerned it, yet they’re always wrong. Giving up on asset allocation and putting everything into the S&P 500 strikes me as actually guaranteed to become painfully wrong.Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
Should investors finally throw in the towel on global diversification after the S&P 500’s trouncing of everything else for over a decade now? This brief podcast (4:11) argues that if the path to riches were knowable, one would expect the most highly trained economists to be among those who discerned it, yet they’re always wrong. Giving up on asset allocation and putting everything into the S&P 500 strikes me as actually guaranteed to become painfully wrong.Learn more about your ad choices. Visit megaphone.fm/adchoices
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The Asset Allocator: Does Global Diversification Still Work?
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