A recent article in the The New Yorker discusses how the market has changed over the last several months. Volatility, for instance, has once again become a part of the trader’s vocabulary. Consider the following excerpt:
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Feature Article
Strategy Diversification
Indeed, it can be argued that the asset allocation model that was developed by Wall Street has extreme limitations. While much of the focus on that model is based on diversifying among different asset classes and finding investments that are non-correlated to each other, the model failed to provide investors with the benefits that it has espoused over the past few decades. Why? read more
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