Duplicating source of risk is a good one. Diversification is so much more than number of positions, it's also about having upside optionality, but also downside protection in terms of not duplicating risks. Best thing in volatile times is not seeing all positions't correlate together (unless everything goes up..)
Thanks mate! Indeed diversification comes IMO from selecting companies taking in mind sources of tailwinds and risks. You will lose momentum but you will gain endurance during volatile markets
Duplicating source of risk is a good one. Diversification is so much more than number of positions, it's also about having upside optionality, but also downside protection in terms of not duplicating risks. Best thing in volatile times is not seeing all positions't correlate together (unless everything goes up..)
Thanks mate! Indeed diversification comes IMO from selecting companies taking in mind sources of tailwinds and risks. You will lose momentum but you will gain endurance during volatile markets