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Diworsification vs Diversification: Spreading your assets thin vs getting it just right
I once had an economics professor tell me, "The principle behind investing is to keep your risks mitigated while giving yourself the biggest returns." Sound advice? Sure. Simple enough? Absolutely. I've carried this advice with me my entire professional life. But is there more than meets the eye? Does it pass the so-called whiff test? Well, I recently wrote about…