Across Quote by Myron Scholes
“My view is that one should diversify broadly across different fund investments. However, it's tough for investors to try to pick the appropriate risk level that they should manage their funds at. Having a personal adviser would be helpful.”
About This Quote
Source Interview: Financial Advice Column, 2020
Investors should spread money across many funds, but choosing the right risk level is hard; advisors can help.
In simple terms: Diversify broadly, seek guidance for risk.
Key Takeaway
Consider professional advice for risk matching.
Themes
diversification
risk management
advisory
Mood
thoughtful
cautious
Type
financial
educational
When to use this quote
- retirement planning
- wealth building
- investment education
- advisor selection
Key Concepts
portfolio theory
behavioral finance
risk tolerance
Questions to Reflect On
- What criteria define your risk comfort?
- How to evaluate advisor independence?
A Different Perspective
Advisors may have conflicts of interest.
