> I've always found the idea of diversification as a rule, or for its own sake to be troubling. I agree with you in general, but sometimes you get bit there t

> I've always found the idea of diversification as a rule, or for its own sake to be troubling. I agree with you in general, but sometimes you get bit there too. Back in 2007, I felt that the US economy was in trouble. So I thought I'd be smart and went the full diversification route in my Fidelity retirement portfolio: split it among market funds for different economies around the world. Eastern Europe seemed to be poised for growth, so some $$ there; China was ticking up, so that got some; same for Latin America, Canada and Asia. But then guess what happened? US got jolted and recovered. But my diversified funds? Most of them are still below what I bought them for in 2007. Especially that f*cker "Mathews China Fund" ($MCHFX). FML.