This is not actually a list of books to read..but a sequel to a story I had done long back on books to read… If I remember right, my original list may not included Fooled by Randomness, Black Swan, or The Bed of Procruses – all are Taleb’s books. If you are not too keen […]
While doing a risk review of a portfolio, I stumbled on a portfolio with 55 mutual fund schemes and 52 direct equity investments. When the investor asked me what was the risk, I said there was ‘concentration’ risk. I also told him he was running the risk of ‘over-diversification’ . He asked me to speak […]