Opinion: What was the top stock of 2019? And should it be in your retirement account?
While the best stock in the S&P 1500 has a year-to-date gain of more than 450%, Professor of Finance Hank Bessembinder's research shows why a diversified investment strategy is better than to risk everything on a few stocks.
While the best stock in the S&P 1500 has a year-to-date gain of more than 450%, Professor of Finance Hank Bessembinder's research shows why a diversified investment strategy is better than to risk everything on a few stocks.
In this story published Dec. 24, 2019, on MarketWatch:
The results help to explain why poorly diversified active strategies most often underperform market averages.
– Hank Bessembinder, who is the Francis J. and Mary B. Labriola Endowed Chair in Competitive Business
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