underdiversification
English
Alternative forms
Etymology
From under- + diversification.
Pronunciation
Audio (US): (file)
Noun
underdiversification (uncountable)
- Insufficient diversification.
- 2009, Lucy Ackert, Richard Deaves, Behavioral Finance: Psychology, Decision-Making, and Markets, →ISBN:
- This is likely because overconfidence is the driving force behind both excessive trading and underdiversification.