Free will, Diversification is grossly overrated & guaranteed to produce lower returns by its very nature. If you are successful running your own funds, why are you not capable of also controlling your superfund decisions? I suspect you would take more interest in your superfund than some 30 year old kid with an economics degree, who falsely believes in over & under weightings of particular stocks in a fund. Regards Buffett PS Unfortunately the financial media in general under delivers to its followers
