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Diving Into Diversification
Manage episode 346823404 series 3337268
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So, you guys have heard me say this numerous times now by this point, but that’s okay because it’s the simplest way to explain diversification; Don’t put all your eggs in one basket. If you have eggs in multiple baskets, you won’t break all of them. To explain it in a more formal way, it’s the process of allocating your portfolio’s investments in such a way that reduces your exposure to different kinds of risk.
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