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The researchers found that the 10percentt of funds that were least diversified performed 1.9percentt a year better than the 10percentthatat best represented the broad stock market.
Even among small funds, the least diversified fared better, on average, than the most diversified.
Was it possible that the least diversified funds were concentrated in technology stocks, which soared in the late 1990's?
Africa's oil and gas exporters have the continent's highest per capita incomes but are the least diversified economies.
They found, for example, that the least diversified funds outperformed the most diversified just as much in the 1980's as they did in the 90's.
Nevada has the least diversified economy in America, after the District of Columbia (which relies on government), and Alaska (oil and gas).That may explain why Nevada now has the highest unemployment rate in America, at 13%.
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Then again, maybe you just gave that Wall Street firm a way to make yet more profit, or at least diversify its risk.
These are strategies to consider: DELAY SELLING APPRECIATED ASSETS Until now, the standard thinking has been that an executor, the person who administers an estate, should sell investments as soon as possible (or at least diversify out of concentrated positions) and hold the proceeds in cash or an equivalent form.
To at least diversify the diet would be an amazing start, whether that's insect protein or chickpeas as alternatives.
It may need to wean itself off the FaceTweet teat, or at least diversify its traffic sources as much as possible.
In the past, the standard thinking has been that an executor (the person who administers an estate), should sell investments as soon as possible (or at least diversify out of concentrated positions) and hold the proceeds in cash or an equivalent form.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com