Explain the fallacy of this statement Id rather put my money into a single high earning asset than in a portfolio of diversified investments Ill earn more money with the single asset ...

The fallacy is the hidden assumption that the investor can identify a sin ...

Explain the fallacy of this statement: Id rather put my money into a single high earning asset

Question:

Explain the fallacy of this statement: “I’d rather put my money into a single high earning asset than in a of diversified investments; I’ll earn more money with the single asset.”
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...