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Safety comes from spreading it wide - Mary Holm
Monday 13th of December 2004
p between those shares (their correlation).
You can have a diversified portfolio by holding a biotech share, a computer software share and shares in a hedge fund. You have a risky portfolio but well diversified nonetheless.
A: You make a really good point that I should have made more clearly in recent columns. I think, though, that you overstate your case.
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