Rational Advisor

We are irrational in predictable ways

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Aug 25 2008

Wise King Solomon

Published by rational at 2:44 pm under Uncategorized Edit This

King Solomon was an early proponent of spreading one’s investments so the wisdom of diversification is as old as the Bible.

“Divide your portion to seven, or even to eight”, he said, “for you do not know what misfortune may occur on the Earth.”

sometimes investors forget this rule, but the investment markets often remind us that Solomon was right

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