The understanding of the answer to this question led to the founding of ‘Simplicity Investing’. After analysing many portfolios, we found the following 3 ingredients to be lacking: Strategic, Global, and Simple.
Strategic means that investing should be based on the future, and not the past. For example, which companies will help change your nation and move it into the future?
Global means that one should invest around the world, because today a nation’s economy is not local but global.
Simple means that one should not have too many investments in one’s portfolio, and should adhere strictly to a investing process.