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If you're ever in this position, and you own a massive chunk of a highly liquid stock, I have one word for you ... diversify
by paul_f 12y ago
If you're ever in this position, and you own a massive chunk of a highly liquid stock, I have one word for you ... diversify
- colinbartlett 12y agoGood advice. For me, it's hard to imagine the world's richest man isn't already pretty diversified.
- mgkimsal 12y agoAt some point, the point of diversification doesn't hold a lot of value any more. You typically diversify to protect your assets/principal/etc. There's little that could happen on the world markets to obliterate Gates' wealth to the point where "diversification" would have had a substantially different impact on him and his family.