We always think or have been told, a lot of times that diversification is the best strategy in financial planning, See how the intelligent investors see it. Source: Investortrip.com by
If you have read the book “The Tao of Warren Buffett
,” a collection of quotations and aphorisms on investing and business spoken by Warren Buffett himself. It’s an extremely quick read because many of Buffett’s quotes are short and easily digestable.
Another great feature is that one single quotation can provide true understanding of how the general investment world operates, and why you should stick to investing in what you know. If you invest in what you know, you vote against broad diversification of assets.
Contd….
Best Regards,
Ramakanth Reddy.
http://www.ramidi.com
http://www.ramidi.org
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