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I believe you should invest in the fields that you work in and understand (as long as you are investing long-term). Your time and expertise in these areas will
by ghawkescs 11y ago
I believe you should invest in the fields that you work in and understand (as long as you are investing long-term).
Your time and expertise in these areas will give you better insight that most other investors will not have. See Warren Buffett's "circle of competence".
- Marazan 11y agoAnd then: Enron.
- Terr_ 11y agoExactly. Not only were many employees invested in the same sector, their nest-eggs were invested in their employer, which is (from a safety perspective) even worse. 'Course, that invites some comparisons to equity in startups...
- grp 11y agoThe job of Buffet is to buy entire companies. Not so many people has the same job, so his point of view is interesting but should not be common.