Wednesday, November 26, 2014
The Way To Make Money
Well, I do not really diversify for diversification sake. That is not a way to make money. The way to make money in my view is to find the best things and invest in those things. Now, that may lead to diversification if you find good situations in counter X and another one in country Y. You diversify at least geographically. But I do not diversify, I try to put my things, you knee people say, "Don`t put all your eggs in the same basket!". Well, my philosophy would be to put a lot in one basket but watch that basket very, very carefully because you can go broke if you are not careful.