But you have another best friend, one you don't spend a whole lot of time thinking about: diversification.

不过你还有一个好朋友，一个你不需要总是想着他的朋友：多样化。

youdao

But Peter Wuffli, the bank's chief executive, argues that diversification matters most and can improve stability over time.

但是这家银行的首席执行官Peter Wuffli认为多样化经营最重要，而且从长远来看能够提高稳定性。

youdao

By the time the lessons of diversification had been learned, the population in Youngstown had fallen by half.

等到扬斯敦尝到教训时，人口已经减少了一半。

youdao

The take-aways are that an equity bias is an absolutely sensible underpinning for investors with long time horizons but that diversification is important.

对于长期投资者来说,股权偏好的存在,是长期投资获利的重要基础,但是分散投资也很重要

耶鲁公开课 - 金融市场课程节选

Diversification and a long time-horizon should prepare you to survive such unpleasant shocks.

FORBES: The New UBS Is A Lot Like The Old UBS

Now in a new book Malkiel moves on to extol the virtues of global portfolio diversification--in index funds and actively managed funds -- at a time when many investors are licking their wounds from Southeast Asia, Russia and, not so long ago, Latin America.

FORBES: About Burton Malkiel