: About Me

I current attend Auckland University of Technology in New Zealand for a degree in Applied Mathematics, and my current research centers at mathematical finance.

Life to me presents nothing but a set of probabilities waiting to unfold.

I also contribute a different blend of articles at www.suite101.com

Thank you for reading!

My passion is ...

wisdom

I know too much about ...

Batman

My parents always told me ...

to get in the car

My childhood ambition ...

astronaut

My favorite memory ...

football in the snow

Why I write ...

to share a part of my life

What I am reading/watching/listening to ...

The Appeal by John Grisham

My first job ...

Door to door selling of S.F. Chronicle subscriptions

My best moment ...

understanding crowd sentiment

My inspiration ...

modern mathematicians

Personal Finance > Stock Market Portfolio diversification: Positive or negative?

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"You want to reduce your portfolio risk. Diversify, diversify, diversify" I remember hearing some stock broker ranting on TV a decade ago, as the bear market hit US in '98 along with the collapse of Long Term Capital Investments. The audience at the studio watched her intently, the pain of recent losses still apparent on their faces. They all wanted a way out of the hole desperately, and turned to this supposedly professional for advice. She kept going with the metaphors of eggs and baskets, how risk is bad... Just exactly how and why, she did not bother mentioning. Hedging Via Diversifica...

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