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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: pater tenebrarum who wrote (68262)10/12/1999 5:14:00 PM
From: Defrocked  Read Replies (2) of 86076
 
Well some naive poster thought INTC didn't
matter because it was only one stock.
It amazes me that people think they are
diversified by owning US indexed stocks.
To be truly diversified you'd better own
European and Pacific Rim stocks as well.
Especially since the SPX has been trading like a
dollar currency August to date. Moreover, just ten stocks
account for over 23% of agg.mkt.val. of the
SP500. That's diversification????
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