by Mark Phelps, AllianceBernstein
Investors shouldnât avoid risk: itâs how you generate return. One solution is to find good companies that have the right risks for the right reasons and for the right time horizon. With a concentrated portfolio, you can spend more time on fewer companies, get to know them better and see if theyâve got a great runway for growth.
This post originally appeared at the AllianceBernstein blog
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