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Post# of 13741
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PennyWorld

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PennyWorld

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Re: Fdc4 post# 13739

Friday, 11/10/2023 11:20:48 AM

Friday, November 10, 2023 11:20:48 AM

Post# of 13741
Whoever said that basically don't know what they are talking about, and they don't understand Risk Management. It's called 'correlation'. The goal is to spread the risks, and minimize correlation across sectors. In other words, purchasing two American airline stocks is not well diversified because they are in the same sector. So if the American airline industry as a whole gets hits with bad news, then most American airline stock prices get hurt together.

I'm afraid that even if you won the law suit, this company has no money to compensate the SH.
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