Academics have long debated the concept of time diversification, which questions whether time reduces the risk for stock investors or not. Prominent academics, led by Paul Samuelson, have shown (usually mathematically, employing utility functions) that time doesn’t reduce risk. However, investors and financial advisors generally believe that risk decreases with time. A good summary of … Time diversification works (eventually) Read More » The post Time diversification works (eventually) a...
