When it comes to the topic of diversification, there are two schools of thought. Some believe diversification is a waste of time, while others think portfolios should be widely diversified. Warren Buffett has famously said he is against diversification. "Diversification is a protection against ignorance," Buffett once said. "It makes very little sense for those who know what they're doing."
Here He Explains Why Diversification Is For Idiots
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"Warren Buffett: Diversification Is For Idiots"
Warren Buffett: Why Smart People Don't Diversify
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