The fact that we've been invited to speak is a recognition of the fact that folio investing is here to stay. The idea of a one-size-fits-all approach is not something that works well in an unstable market. Folios provide flexibility, to change the level of risk especially in volatile times. |
With folios, people can make minor tweaks as they go along, by re-weighting a couple of securities in their portfolios or adding more risk in one sector. |
You don't want to put all your eggs in one basket. |