Woodlock House Famil
How Many Stocks Should You Own?
How to think about the construction of a portfolio? I’m just talking about a portfolio of stocks, not a full asset allocation. There is plenty written about the latter; and comparatively not much on the former. The question implies other questions, too: How many stocks? How to think about risk? How to think about diversification? And on it goes.I get these questions often. And I have my own opinions about such things. But I decided to do another search through academic articles to see what’s out