"Big Short" Investor Steve Eisman Just Issued a 4-Word Warning to Investors. You Might Not Be as Diversified as You Think.
How can you change your portfolio to reduce exposure to a single point of failure?
Overview
Steve Eisman is best known for his bet against collateralized debt obligations ahead of the subprime mortgage crisis of 2007. Today, he sees another worrisome sign in the markets.
While nothing akin to the big short Eisman is known for (as depicted in the 2015 movie of the same name), he does hold some concerns about how diversified the current market really is. He shared a simple four-word warning for investors in a recent interview that should make many of them think twice about their current portfolio construction.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.