Fight For US Dollar Hegemony Is A Lost Cause – Bitcoin Magazine

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This is an opinion editorial by Pierre Corbin, the producer and director of “The Great Reset And The Rise of Bitcoin” documentary.

In the 18th century, the Dutch introduced the concept of mutual funds, allowing investors to diversify between different international bonds. The same concept was embraced in London in the 19th century. This concept is what allowed companies like F&C Investment Trust to be founded in 1868. F&C managed a portfolio of high-yielding international bonds, which pushed forward the concept of portfolio diversification by putting together different securities that lowered the risk of the portfolio. This is true in financial theory, and anyone who has a higher education in finance surely worked on building different models around that. At the time, they believed that adding any kind of additional asset into a portfolio lowered its risk — we now know this is not the case.

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