Diversification works, except when it is required to

Letter # 79 | 15 March 2022 |

Due to sanctions, Russia (and its oligarchs) have not been able to utilize its vast reserves (and wealth) when they needed it the most… despite holding it in different countries and currencies. We all know this part.

However, this begs the broader question, does diversification really help in the new world order? In my article in the ET today, I write that in theory, it does; however, in practice, it is another story altogether.

Read here: Portfolio Investment: Can a diversified portfolio guarantee safety during a crisis? Time for reality check – The Economic Times (indiatimes.com)

Disclaimers:
Information in this letter is not intended to be, nor should it be construed as investment, tax or legal advice, or an offer to sell, or a solicitation of any offer to make investments with Buoyant Capital. Prospective investors should rely solely on the Disclosure Document filed with SEBI. Any description involving investment examples, statistical analysis or investment strategies are provided for illustration purposes only – and will not apply in all situations and may be changed at the discretion of the principal officer. Certain information has been provided and/or based on third-party sources and although believed to be reliable, has not been independently verified; the investment managers make no express warranty as to its completeness or accuracy, nor can it accept responsibility for errors appearing herein.