Today I’m going to talk about a concept that hasn’t been discussed much, and it is what Ray Dalio referred to in his book as the Holy Grail of Investments.
When we enter the financial community on Twitter, what we generally find are large, colorful graphs, and each of those colors represents a stock they are invested in.
Many times (almost always) you need to create a legend because the asset allocation of that position doesn’t fit within a single portion of the graph. In case you don’t know what I’m talking about: