Nobel Prize winner Harry Markowitz famously said that diversification is the only free lunch in investing. In simple terms, this means that you can quite easily keep your expected level of return constant, or even increase your expected return, without taking on additional risk. Diversification is one of the most important principles in investing: It involves spreading your money across a variety of assets or even across asset classes....
ABOUT EFFICIENT PRIVATE CLIENTS (EFPC)
Efficient Private Clients (EFPC) is an advisor centric, global investment specialist firm for high net-worth individuals.