Diversified portfolios are the common suggestion of financial gurus, but in the Great Recession I doubt any of them lost less than 25% if they beat inflation be

Diversified portfolios are the common suggestion of financial gurus, but in the Great Recession I doubt any of them lost less than 25% if they beat inflation beforehand. (That is, they weren't so diversified after all.) I don't put much weight in their recovery since then, given the near-free money available from the gov't.