Ray Dalio vs Warren Buffet on Diversification. Who is right?

Discussion in 'Risk Management' started by lovethetrade, Aug 13, 2019.

  1. newwurldmn

    newwurldmn

    For what it’s worth, every financial institution would have gone bankrupt if it weren’t for government intervention on many levels. The financial crisis was THAT bad. When Paulson let Lehman go under that was the end, even though the Lehman bankruptcy went quite smoothly.

    Likely we would have entered into a proper depression as Main Street couldn’t get loans either.
     
    #31     Aug 17, 2019