The Risks of Financial Diversification (OECD Observer)

Nat O'Connor 24/09/2011

Nat O'Connor: Amy Domini, CEO of the social investment firm Domini, provides a concise and clearly written argument against modern 'diversification' of financial products, in the OECD Observer. She argues that "diversification, this theoretical means of reducing specific risk, ... exacerbated systemwide risk." What "institutional investors found, …