The Oases of Conglomerates in Arid Stock Market Times
Bull runs show diversification in poor light. The Conglomerates Sector is a nearly inevitable victim when one or the other industry experiences a surge in demand. Diversified companies cannot refocus their resources to leverage such opportunities fully. The shoe changes feet in troubled stock investing times. A conglomerate has best chances of surviving a depression. Diversification is also a meaningful hedge against rampant inflation. This approach can help in stock investing as well. The herd mentality is a bane of stock investing. We pour hard-earned capital to copy what the media and stock brokers tell us others do. The benefits…