The best book on diversification I have read is "The Intelligent Asset Allocator." He also uses the coin flip example to make things very tangible.His book, more than any I have read, hammers on the importance of rebalancing. Without rebalancing, most of the advantages of diversification are not fully realized. No one else gets that point across as well in my opinion.
Read More... [Source: Comments on: Saving and Investing: An Introduction to Diversification]
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