Investors have been told investing across different asset classes (known in the industry as asset allocation) is the best means of diversifying their portfolio, yet they continue to experience violent swings in the value of their wealth with each successive crisis.
Humankind innovates faster than we can solve the problems our innovations create. Wall Street is a case in point. What started with simple barter between individuals who produced goods each other wanted, evolved into trading shells, beads, commodities, coins, trade bills and so on ad nauseum.
