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> Diversification implies to minimize risk, and that is reasonable only if Eric Schmidt thinks that there is significant risk that Google will underperform mar
by chollida1 16y ago
> Diversification implies to minimize risk, and that is reasonable only if Eric Schmidt thinks that there is significant risk that Google will underperform market (or at least his expectation of return in a different investment).
It's also reasonable only if Eric Schmidt thinks there is even the slightest chance that Google's shares will go down at all.
This is almost a certainty. Almost all shares go down in price at some time.