The False Hope of Global Diversification

Mike’s Book

The False Hope of Global Diversification

In The False Hope of Global Diversification, Wall Street veteran and portfolio management expert Mike Ross pulls back the curtain on why the conventional wisdom of global diversification often fails to deliver. With decades of experience in the trenches, he breaks down, step by step, the strategies financial advisors should be using to safeguard their clients’ assets, manage risk effectively, and achieve real, measurable results. This isn’t theory—it’s actionable insight for advisors who refuse to settle for mediocrity in their portfolios.

Mike’s Book

The False Hope of Global Diversification

In The False Hope of Global Diversification, Wall Street veteran and portfolio management expert Mike Ross pulls back the curtain on why the conventional wisdom of global diversification often fails to deliver. With decades of experience in the trenches, he breaks down, step by step, the strategies financial advisors should be using to safeguard their clients’ assets, manage risk effectively, and achieve real, measurable results. This isn’t theory—it’s actionable insight for advisors who refuse to settle for mediocrity in their portfolios.

The False Hope of Global Diversification

Most financial advisors and planners have known since the 1990s that global diversification of client investments using funds and EFTs is an outdated technique. The system just doesn’t perform well. So why are we still doing it?

In The False Hope of Global Diversification, Wall Street and portfolio management veteran Michael Ross explains why it doesn’t perform well—laying out step by step what financial advisors should be doing instead to protect their clients’ assets.

Learn how to grow your clients’ wealth using a diversified portfolio of primarily US-based companies and US company bonds. Improve portfolio performance, reduce costs, and raise client satisfaction to new heights.

Along the way, Ross offers pragmatic, real-world examples for presenting the system to clients in ways they will understand and appreciate (and even be excited about)—boosting client confidence through good markets and bad for their long-term success.

About the author

Michael Ross is a co-founder of the Academy of Certified Portfolio Managers and has been managing stock and bond portfolios for wealth management clients for almost a quarter of a century. Having survived six bear markets in his career, Ross is a maverick, disagreeing with most traditional asset allocation and financial planning approaches. He believes that when you manage risk well, the returns take care of themselves.

Through this philosophy, Ross and his team have managed well over a half-billion dollars of overall portfolio funds, with an average individual account value of about $500,000—as well as assisting other investment advisors throughout the US in managing both taxable and IRA accounts.

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