Hindsight overweighted asset classes, will future expected returns hold up?, rebalancing costs, drag of using Dimensional Fund Advisors, etc, etc - the debate goes on.
If I were to suffer a 'born again moment' - I still like Ben of Thailand ( a little pun) - buy a lot of asset classes - while keeping an eye on the total portfolio current yield as backup cover for living expenses.
Heh, heh, heh - allright - you KNEW I was going to toss in the D word!
I actually knew people on the extreme other end - pension/SS plus one stock held forever.
Charlie Munger's 'one fine domestic corporation' to avoid the croupier's take is viewed today as a tad extreme - even by me.
Now if you have 7 - 10 asset classes or are 'lucky/skilled enough' to select 7-10 'fine global' corporations thus mitigating market risk -
- the difference is?
The Norwegian widow expects decent dividends in both cases above.
!!!Just having some fun!!!
Will read the article.