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To: Claude Cormier who wrote (310586)7/27/2025 7:53:29 AM
From: jpthoma11 Recommendation

Recommended By
Claude Cormier

  Respond to of 312759
 
It's on average,11 stocks per market.

So if you want to maximize your risk/return relation in the overall stock market, 11 different stocks from different sectors.

If you want to maximize your return in the mining stock market, 11 mining stocks.

Etc...

Source: Investments: Analysis and Management by J.C. Francis McGraw-Hill 1972, Chapter 14 (Efficiency and diversification)