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Bad decision. You should diversify it is economy 101.
by huherto 19y ago
Bad decision. You should diversify it is economy 101.
- DaniFong 19y agoI meant I would fund my own research. Also, diversification is a decent passive strategy, but not one that you'd take if you were intent on making substantial gains. As Warren Buffet says, "no one ever got rich on their seventh best bet."
- rms 19y agoAgreed, I want to get rich to fund my own research as well.
- pchristensen 19y agoThat sounds like funding a passion, not managing an investment. Your passions shouldn't be nearly as evenly diversified as your portfolio.
- mattmaroon 19y agoRight. My thought is take $x, diversify to ensure that if all else goes wrong, I'm still set, then take the rest and do fusion research.
- huherto 19y agoThis sounds more sensible:-)