Chapter
The Importance of Diversification Across Different Asset Classes
1:01:42 - 1:08:28 (06:46)
The key to successful investing is not only diversifying within the same asset class but also across different asset classes such as U.S. and international bonds, art, life settlements, and music royalties. Diversification reduces company and industry risk and helps investors weather market volatility.
Clips
The key to reducing company and industry risks in the stock market is diversification.
1:01:42 - 1:05:47 (04:04)
Summary
The key to reducing company and industry risks in the stock market is diversification. You can further diversify your portfolio by investing in other markets like real estate and bonds.
ChapterThe Importance of Diversification Across Different Asset Classes
Episode#356: Peter Mallouk — Exploring the Worlds of Investing, Assets, and Quality of Life
PodcastThe Tim Ferriss Show
The key to achieving true diversification in your investment portfolio is to own asset classes that behave differently, both within their own class and compared to other asset classes.
1:05:47 - 1:08:28 (02:41)
Summary
The key to achieving true diversification in your investment portfolio is to own asset classes that behave differently, both within their own class and compared to other asset classes. Simply owning multiple managers or spreading investments across different properties may not necessarily lead to diversification.