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The trick is to take risks and be paid for taking those risks, but to take a diversified basket of risks in a portfolio.

"Gundlach: Stock Market Will Have Trouble Topping Bonds". Interview with Jason Stipp, www.morningstar.com. April 6, 2011.
The trick is to take risks and be paid for taking those risks, but to take a diversified basket of risks in a portfolio.