Yeah, one of the oddest arguments I see from EMH pumpers is "dude, just by SPY, you can't beat the market". SPY is hardly diversified. A far better and pretty

Yeah, one of the oddest arguments I see from EMH pumpers is "dude, just by SPY, you can't beat the market". SPY is hardly diversified. A far better and pretty easy portfolio consists of a global financial assets allocation: US stocks and bonds, developed world ex-US stocks and bonds, emerging markets stocks and bonds, real estate and commodities. 10-12 ETFs will do it.