Diversification is one of the most fundamental yet misunderstood concepts in investment management. I will begin with a basic and hopefully intuitive discussion of the principles of diversification and the mechanics by which it works. Then, I will provide a… READ MORE ›
Over the past 20 years, from January 1992 to December 2012, China’s GDP per capita grew about 17 times and India’s GDP per capita grew about 4 or 5 times. These are astronomical increases.
Now,… READ MORE ›