Charlie Munger on what it means to be diversified? | [C:C.M Ep.31] - YouTube
The standard mantra is diversification is necessary when investing money... Charlie says other wise, and I agree totally.
Diversification gets an average result of what ever the broad market does. Do you really want to settle for average?
The standard mantra is diversification is necessary when investing money... Charlie says other wise, and I agree totally.
Diversification gets an average result of what ever the broad market does. Do you really want to settle for average?