Question: 6. What does it mean to have a well diversified portfolio? Is there a one size fits all level of diversification? Explain why simply buying

 6. What does it mean to have a "well diversified portfolio"?

6. What does it mean to have a "well diversified portfolio"? Is there a "one size fits all" level of diversification? Explain why simply buying into a bunch of different stocks might not result in a significant reduction in risk

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