Saved by sari
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 foll
... See moreFounders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
Managing a knowledge portfolio is very similar to managing a financial portfolio: Serious investors invest regularly—as a habit. Diversification is the key to long-term success. Smart investors balance their portfolios between conservative and high-risk, high-reward investments. Investors try to buy low and sell high for maximum return. Portfolios
... See moreDavid Thomas • The Pragmatic Programmer: From Journeyman to Master
Reflections on the Ten Attributes of Great Investors
1icz9g2sdfe31jz0lglwdu48.wpengine.netdna-cdn.comOn the other hand, if you want to achieve superperformance, diversifying your portfolio too much is counterproductive.