Graham Wright

A wonderful explanation of the value of diversification when markets are volatile and the future is lots of possibilities, probabilities are almost non-existent and as usual, certainties are nil. Would you value Diversification as highly when there are far fewer possibilities and more probabilities, some with the appearance of certainties to consider, as in a Bull market like we have recently experienced? In my mind, Diversification demonstrates a lack of conviction in my investment decisions and I feel your explanation reinforces that view.