A well-run conglomerate from an investor's perspective is more like a broad mutual fund than a single hot stock. It's not likely to pop 800% tomorrow, but it's

A well-run conglomerate from an investor's perspective is more like a broad mutual fund than a single hot stock. It's not likely to pop 800% tomorrow, but it's more likely to produce reliable long-term value because it's pre-diversified. For some reason, the Asian kerietsu/chaebol conglomerates seem to be able to handle it well. Nobody would deny Hyundai or Sony being hugely successful as conglomerates.