Term

Diversification

Spreading money across different investments so that the failure of one does not bring everything down.

Against the Gods: The Remarkable Story of Risk, Peter L. Bernstein

Explained in

• Against the Gods: The Remarkable Story of Risk, Peter L. Bernstein
• One Up On Wall Street, Peter Lynch, John Rothchild

  Spreading money or activity across different areas to lower the risk.

All terms