|Videos|April 20, 2022
“Diworsification” – incorrectly gauging portfolio diversification
Author(s)Richard Payerchin, Logan Lutton
Michael Joyce, president of financial consultant Agili, explains the theory of “diworsification,” wrongly thinking an investment portfolio is diversified to minimize risk.
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Diversifying an investment portfolio does not necessarily mean investing in 800 different stocks, said Michael Joyce, president of financial consultant Agili.
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