Cryptocurrency Q&A Is 30 stocks too many in a portfolio?

Is 30 stocks too many in a portfolio?

SamuraiWarrior SamuraiWarrior Mon Dec 02 2024 | 6 answers 1457
I'm wondering if having 30 stocks in my portfolio is too much. I want to know if this number of stocks is considered excessive or if it's a reasonable amount for diversification. Is 30 stocks too many in a portfolio?

6 answers

HanjiArtistryCraftsmanship HanjiArtistryCraftsmanship Wed Dec 04 2024
According to his conclusions, a well-diversified portfolio of randomly selected stocks should contain at least 30 stocks to ensure effective diversification.

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KimchiQueen KimchiQueen Wed Dec 04 2024
This finding contradicted previous studies and challenged the widely held belief at that time.

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Daniele Daniele Wed Dec 04 2024
The earlier study and the commonly accepted notion suggested that the benefits of diversification could be achieved with a smaller number of stocks.

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CryptoLodestar CryptoLodestar Wed Dec 04 2024
Meir Statman's research in "In How Many Stocks Make a Diversified Portfolio?" revealed a significant finding regarding portfolio diversification.

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Giulia Giulia Wed Dec 04 2024
Statman's research indicated that a larger number of stocks was necessary to truly mitigate risk and enhance portfolio performance.

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