Making the Bet – Part 2: The Hand

Making the Bet – Part 2: The Hand

In our blog, “Making the Bet – Part 1: The Game”, we made the point that concentration is often viewed in a vacuum and instead needs to be viewed holistically. Doing so can uncover concentration and previously-unknown risks. However, concentration from a finite...
Making the Bet – Part 1: The Game

Making the Bet – Part 1: The Game

​The word concentration is frequently used in the financial world. Phrases like “you need to be more diversified to avoid concentration” or “you are over-concentrated in equities” are often thrown around by financial professionals, and for good reason, as...