About half a year later, Tuomas the Investment Coach has demonstrated how capital can be halved with non-existent diversification, even in the midst of the decade’s strongest bull market, where the SP500 has simultaneously risen by about 30%.
Fortunately, Tuomas has, however, learned from his mistake that diversification pays off… or maybe not, but considers poor timing his worst mistake. Jumping from one lottery ticket to another with an all-in strategy will surely work next time.
