Hilton TruWealth Podcast
In this episode, Mark Miller discusses the illusion of diversification, the problem with retail-based portfolios, and the real diversification strategy used by the wealthiest investors. It emphasizes the difference between how the masses invest on the retail side and how the select few wealthiest of the wealthy invest on the institutional or smart money side. Takeaways * Diversification in retail-based portfolios may lead to duplication of assets. * Real diversification involves diversifying across market risk, tax exposure, and income sources. Chapters * 00:00 The Illusion of Diversification * 07:30 Real Diversification Strategy
15 episodes
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