Diversification or Diworsification?: questionning Finance's only free lunch.

📢 Welcome to our next Lux Finance Circle meetup!
This month, we're tackling a core portfolio construction challenge: true diversification versus potential "Diworsification." We all hear about adding different asset classes – like Emerging Markets, Gold, or even alternatives like Hedge Funds or Private Equity – but how do we know if these additions truly enhance resilience, or just add complexity and cost?

This session is a structured, open discussion designed to give you the frameworks to critically evaluate the role of various potential diversifiers in your portfolio.

🧭 Format of the Event
This is a casual, discussion-based gathering with no long presentations. We'll sit around the table, and your host Romain will kick things off with a 10-minute introduction to his core framework for "Evaluating Diversification: Which Asset Classes for Inclusion"
This is your opportunity to move beyond simplistic "add more asset classes" advice and discuss the real-world evidence and decision-making process for building a truly robust, diversified portfolio.
Recommended Preparation
To get the most out of our discussion, I highly recommend reviewing the LinkedIn post that sparked this topic, which dives into the specific arguments for and against including Emerging Markets.
Read the Framework: Emerging Markets: Diversification or Distraction? Continue the Conversation: For more content on building evidence-based portfolios, you can follow me on LinkedIn here: Romain Lucas
👥 Who Can Join?
Everyone is welcome. This discussion will be especially valuable if you are:

• An investor questioning whether your portfolio is truly diversified or just complex.
• Someone debating the inclusion of specific asset classes like Emerging Markets, Small Cap Value, Gold, etc.
• Looking for a clear, evidence-based framework to make asset allocation decisions.
• A professional who wants to build a portfolio based on robust principles, not just market narratives.

📌 Practical Info

• 🗓️ Date: Tuesday, November 4th, 2025 at 18:30
• 🗣️ Language: The event will be in English.
• 📍 Location: The bar is hidden at the back. Ask at reception for directions if you are unsure.
• 🍻 Drinks: Drinks are self-paid at the venue bar.
• 👥 Limited Seats: Please RSVP so we can manage space. If you can no longer make it, please cancel your reservation to free up your spot for someone on the waitlist.