Monthly World Markets Report
Remember Mr. Markowitz and Stay Diversified!
As investors, we face many potential distractions. From the exuberance over marijuana stocks in the last few quarters to the latest niche exchange-traded fund being launched, investors might lose focus on the importance of maintaining a diversified portfolio. Nobel laureate and one of the founders of modern portfolio theory, Harry Markowitz, once famously quipped that diversification is “the only free lunch in finance”.