After the Great Depression, investment diversification became the cry of the decade. It also became the mantra in music, and the Bass instrument led the way. Check out my video to learn what the history of Portfolio Management has in common with the electric Bass.
Applied Project Portfolio Management in a Historical Context
Discover what the electric bass can teach you about your investments and the critical role that diversification plays in portfolio management.
To gain a firm understanding of the best portfolio management techniques, it helps to understand the history of portfolio management and how it has evolved from the Great Depression to the present day. Interestingly enough, the electric bass provides a relatable metaphor for how investment diversification emerged out of the Depression. As you'll quickly discover, the two histories have a surprising amount in common.