This is an opinion editorial by Pierre Corbin, producer and director of The Great Reset and The Rise of Bitcoin documentaries. In the 18th century, the Dutch introduced the concept of mutual funds, which allowed investors to diversify between different international bonds. The same concept was adopted in London in the 19th century.
It was this concept that allowed companies like the F&C Investment Trust to be established in 1868. F&C manages a portfolio of high-yield international bonds, which advances the concept of portfolio diversification by combining different securities to reduce portfolio risk. This is true of financial theory, and anyone who has a degree in finance must have worked on building various models around it. At the time, they believed that adding any type of additional asset to a portfolio would reduce it