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SilentCal comments on Open Thread August 31 - September 6 - Less Wrong Discussion

5 Post author: Elo 30 August 2015 09:26PM

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Comment author: Clarity 01 September 2015 01:45:32PM 1 point [-]

Is there absolute utilitty maximisation in portfolio diversification or is that just a risk control mechanism? Could I pick one random stock and put a whole lot of money in it? I suspect I may be commiting the law of large numbers here (or the gambler's fallacy).

Comment author: SilentCal 01 September 2015 04:53:35PM 1 point [-]

If you're not familiar with it, you should check out www.bogleheads.com for investment/finance advice.

(Not trying to discourage you from discussing this here... just that if you don't know bogleheads, it's quite valuable)