014 - Increase Your Chances of Survival: Diversification, Part 1

In Episode 014, Jared breaks down one of the most misunderstood concepts in finance: Diversification. Moving past the tired "eggs in one basket" cliché, we explore diversification as a tool for managing uncertainty and avoiding "Game Over" scenarios in your life portfolio.

You will learn the difference between company-specific risk and systematic risk, the danger of "diworsification," and why the ultimate goal is a strategic blend of diversification (for survivability) and concentration (for acceleration).

From Wisconsin winter trudges to the 2008 mortgage crisis, this episode provides a blunt, fact-focused audit of how to spread your resources without spreading yourself too thin. 

 

For episode show notes, a full transcript, and other resources, visit our website at www.vestedjb.com