Ep. 598: Trading Legends Epic Episode on Trend Following Radio
Michael Covel's Trend Following
00:00
The Power of Diversification
Dallio: Diversification is the only free lunch on Wall Street. If you do it properly, it's a way of dramatically improving return to risk without really any negative two without any downside. He puts together at least a minimum of 15 positions that are completely unrelated. So he sees there's a tremendous amount of potential improvement you can get in your return to risk by diversifying.
Play episode from 50:43
Transcript
