Jack Bogle

Diversification vs. Concentrated Portfolios

-By Joseph Gomez There is a pretty public debate going on between Vanguard founder, Jack Bogle, and Mavericks owner, Mark Cuban.  In an interview in the Wall Street Journal, Cuban basically said, “buy and hold is a crock” and “diversification, that’s for idiots.” On the other hand, Bogle says that diversification generates returns while hedging .. read more