When It Is Good to Be A Naïve Investor?
Robert R. Johnson
Naïveté is not normally considered a positive, especially in a take-no-prisoners world like Wall Street. However, an investment portfolio-building approach called “naïve diversification” -- also called the “1/N portfolio strategy” -- is simple, cheap and easy enough for any retirement saver to do it.
Henricks, Mark, "When It Is Good to Be A Naïve Investor?" (2015). In the News. 681.