Don't lose money! Cryptonomics
Jan 28, 2019•9 min
Episode description
According to Warren Buffett, there are two rules to making money:
1. Don't lose money.
2. Don't forget Rule #1.
Sounds pretty obvious, but the question is how to apply it to build your wealth over time? One vital tool is asset allocation - carefully dividing your portfolio over several markets, and rebalancing when they gain or lose share.
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