The Uncomfortable Portfolio: A Practical Approach to Smarter Asset Allocation

What does a sufficiently diversified investment portfolio actually look like? In The Uncomfortable Portfolio, Jack Hounsell suggests it is not what you have been told. Modern portfolios-shaped by a skewed recent history and psychological biases-leave much room for improvement. He argues that by embracing bolder, more efficient forms of diversification-and perhaps a little discomfort-investors can improve the risk profiles of their portfolios and achieve better investment outcomes.

The Uncomf...