Behavioral Finance

Why not just make your best picks and focus on those picks?  Why spread your assets over a number of investments?  You think, “That could diminish my returns.”  After all, you’re smart and know what you are doing.

It sounds kind of wishy washy, but actually having someone to keep your innate tendencies in check is a really good idea. 

You see humans are irrational.  Yes, it is true.