Course 6 of 8
Portfolio & Risk
Diversification, drawdowns, crashes and the psychology that decides your results.
7 lessons · about 45 minutes
Most long-term outcomes are decided by portfolio structure and behaviour rather than by individual selection. These lessons cover diversification, position sizing, what declines actually look like, how markets have historically behaved in crises, and the biases that cause investors to act against their own plan.
- 01
Diversification
Beginner6 minDiversification spreads company-specific risk without removing market risk.
- 02
Concentration Risk
Intermediate6 minConcentration happens quietly, usually through success rather than through a decision.
- 03
Understanding Drawdowns
Beginner6 minA drawdown is the decline from a previous high, and recovery arithmetic is not symmetrical.
- 04
What Happens When Markets Crash
Intermediate7 minCrashes share a recognisable pattern, and behaviour during them decides most outcomes.
- 05
Your Brain Can Be an Investing Risk
Beginner7 minPredictable biases push investors to buy high and sell low.
- 06
Frequent Trading vs. Long-Term Investing
Beginner6 minTrading and investing are different activities with different odds and costs.
- 07
Portfolio Construction Basics
Intermediate7 minStructure, cost and consistency matter more than individual selection.