You do not need to pick the next Amazon. You just need to own a piece of every Amazon — and every failure — through an index fund.
Diversification only works if your strategies are genuinely uncorrelated. Most funds think they're diversified and find out in a crisis that they're not.
Diversification is the only free lunch in investing. Everyone says it. Almost nobody actually does it right.
I love the concept of diversification. I am not smart enough to know exactly what will happen, so I want to own gold, some equities, some real estate, and some cash.
I develop in Miami, New York, DC, and LA. If one market dips, the others carry you. Geographic diversification is the oldest trick in real estate and most developers still do not do it.
Oil will run out. The question is not if, but when. Saudi Arabia needs investments that will outlast petroleum — and that's what Kingdom Holding is building.
Diversification is not just owning 20 stocks instead of 5. It is owning different types of assets that behave differently in different environments.
Equity orientation, diversification, and a long time horizon are the three pillars of sound investing.
Robotaxis and autonomous trucks. Two markets, two timelines, one technology platform.
Marvel fans, Star Trek fans, Scrabble players. Different communities, same monetization mechanics.
Maritime, weather, aviation. Three markets, one constellation. That's the beauty of space data.
Most portfolios are secretly betting on growth and low inflation. They just don't know it. True diversification means being prepared for everything.
Concentration is wonderful when it works. When it doesn't, you learn why diversification exists.
The 360-degree batsman idea was about having no weakness. I apply the same principle to building wealth — no single point of failure.
I’ve invested in over 700 companies. Some people call that reckless. I call it diversification.
Fashion and telecom look very different, but they both run on network effects and brand loyalty.
Diversification is an admission of not knowing what to do and an effort to strike an average.
Diversification is the only rational deployment of our ignorance.
The only investors who should not diversify are those who are right 100% of the time.
Diversification is the only free lunch in investing. Everything else has a cost.
China's electric vehicle industry will be the largest in the world. Evergrande will be part of that future.
Diversification is not just about sectors. It is about being in the right jurisdictions with the right regulatory environments and the right management teams.
I found that using the same models across multiple markets provided a far more robust approach.
As long as there is diversification among high-quality companies, the risk of permanent capital impairment is minimal.