This year’s S&P 500 rally is being driven by a small group of mega-cap stocks, as investors flood back into them after last year’s tech rout. That could be a…
Tag: Concentration
Higher Returns on Fewer Stocks: Vanguard Debunks "Best Ideas" Portfolio Philosophy
A recent study by a team at Vanguard contradicts the idea adopted by many investors and financial professionals that “broadly diversified portfolios are inferior to concentrated portfolios made up of…