On Thu, Apr 12, 2012 at 9:21 PM, Sabri Oncu <[email protected]> wrote: > Gene: > >> Whoops, there goes Sabri's investment plan. >> >> Switching to a serious mode, I think the observation Julio makes is >> important. >> But if people flee the dollar, what do they turn to? > > Meaning my investment plan remains intact, since August 1999, I mind > you!
On another note, my investment plan is a disproof by counter example that diversification is always the best investment strategy. Diversification reduces specific risk. It does nothing to the market risk. It is also a proof by counter example that the CAPM and, hence, Markowitz portfolio theory are at best highly questionable (I was tempted to say wrong but you know what I mean). One does not need heavy econometric tools to predict what is already visible to the looking eyes: Shane is right, in short. Best, Sabri Best, Sabri _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
