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Tuesday
Apr232024

Fear Of Missing Out is the Nemesis of Diversification

STAY DIVERSIFIED.  RESIST FOMO. 

Came across this quote from Jordan Brooks of AQR while reading an article at Bloomberg via FA Mag.

“Diversification’s nemesis is FOMO—by definition you’re always going to have some regret,” said Jordan Brooks of AQR Capital Management.

Diversification has lots of enemies but diversification continues to be the only free lunch on Wall Street and risk taker's best friend.

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