BCE - Proper Portfolio Diversification - Have We Become A 'Fly In A Bottle'?
Introduction
In a recent article at Financial Freedom is a Journey, I provided a link to an interview that was conducted with Hamish Douglass, Co-Founder, Chairman and Chief Investment Officer of Magellan Financial Group, and Lead Portfolio Manager of Magellan’s Global Equity strategies in Australia.
In that interview, Hamish discussed the art of investing in international equities and shared the following 6 simple guiding principles for investors wanting to gain exposure to international equities.
- Use the Power of Compounding;
- Stick to Quality Businesses;
- Don't be a Fly in a Bottle;
- Consider What You Use