I hate this cheap data mining trick – don’t fall for it

When analysts tell you one asset is “better" than another, beware. It all rather depends, says Dominic Frisby. A sensibly diversified portfolio will serve you much better than chasing the “best” assets.

190307-gold

Which is the better asset gold or US stocks?
(Image credit: © 2015 Bloomberg Finance LP.)

I don't know if you can exorcise a bugbear, but that's what I plan to do in today's Money Morning. To mix another metaphor, I'm going to get a demon off my chest.

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Dominic Frisby

Dominic Frisby (“mercurially witty” – the Spectator) is as far as we know the world’s only financial writer and comedian. He is the author of the popular newsletter the Flying Frisby and is MoneyWeek’s main commentator on gold, commodities, currencies and cryptocurrencies. He has also taken several of his shows to the Edinburgh Festival Fringe.

His books are Daylight Robbery - How Tax Changed our Past and Will Shape our Future; Bitcoin: the Future of Money? and Life After the State - Why We Don't Need Government

Dominic was educated at St Paul's School, Manchester University and the Webber-Douglas Academy Of Dramatic Art. You can follow him on X @dominicfrisby