"My game plan is basically to stay with a well-diversified portfolio that is not overly risky," he said.
A well-diversified portfolio should have come through October's stock market collapse better than one oriented entirely toward financial markets, he said.
Mr. Weiss said this was a "true core fund" with a well-diversified portfolio.
"A well-diversified portfolio can often be a better way of managing such risks."
The return-to-risk ratio of individual stocks is far inferior to a well-diversified portfolio.
Therefore, total and systematic risk should not be too different in a well-diversified portfolio.
The portfolio return may be defined as where and in a well-diversified portfolio.
A well-diversified portfolio, after all, spreads out the risk.
And the quirky strategies of some might actually fit into well-diversified portfolios.
And what could be safer than a well-diversified portfolio?