chapter 9
What is omitted from your rational portfolio and why
Avoid investments that require an edge or those you already have exposure to
It wouldn’t surprise me if the portfolio I have suggested has many sceptics. It probably looks too simple to make much sense, and leaves out several successful asset classes that have dominated not only the financial press, but also our popular culture. I live in London, a city which has seen an incredible rise in property prices over the past decades. Because of this most investors take for granted that any reasonable portfolio consists at least partly of domestic property. London is one of the places in the world that came through the crash relatively unscathed so the fans of property maintain their ...
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