underscored — Underscored

@underscored

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Tag:diversificationClear

Investors have been so oversold on diversification that fear of putting too many eggs in one basket has caused them to put far too little thought into individual eggs. Diversification is a hedge against ignorance, nothing more.
— Joel Greenblatt, You Can Be a Stock Market Genius (1997)

3w ago

ftav

Money has ruined markets

What's being penalised is diversification itself. Punishment awaits any portfolio that doesn't look like the index, says UBS. Clever stock picking won't deliver outperformance like it once did, not just because it's hard, but because it means allocating cash away from the dominant eight.

2mo ago

whyisthisinteresting

The Monday Media Diet with Chris Gayomali

My current 'job' is carved up and distributed into a bunch of different work horcruxes should any of my chosen industries die.

3mo ago

stratechery.com

Jensen Huang and Andy Grove, Groq LPUs and Vera CPUs, Hotel California

GTC 2026 marked an important inflection point for Nvidia, as the company is selling multiple architectures, instead of focusing on just one GPU.

6mo ago

Underscored — save the words that stop you in your tracks.

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