Why Diversification Results In Mediocrity
While there is unquestionably some truth to the idea that the world is often too random to literally make just one bet, the widely held assumption that diversification is a free lunch is just plain wrong. Just as there is benefit to be derived from diversification with respect to risk, there is a cost, too — that of losing whatever edge you might... See more
Mike Speiser • Why Diversification Results In Mediocrity
Warren Buffet and many of the best investors I know favor making a few very well-informed bets rather than opting for significant diversification.
Mike Speiser • Why Diversification Results In Mediocrity
he says in our opinion just a few things in life are noble and it is because just a few things are noble that noad has just a few Investments the Church of diversification is seen as an insurance against any one idea being wrong we would propose that if knowledge is a source of value ad and few things can be known for sure then it Li logically
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