Diversification Quote by Charlie Munger Download Open image “The idea of excessive diversification is madness.” — Charlie Munger ★ ★ ★ ★ ★ 3.8 out of 5 (3 ratings) Copy quoteShare Diversification Ideas Madness
The idea of excessive diversification is madness. Wide diversification, which necessarily includes investment in mediocre businesses, only guarantees ordinary results. — Charlie Munger Copy Share Image
Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing. — Warren Buffett Copy Share Image
Diversification is protection against ignorance. It makes little sense if you know what you are doing. — Warren Buffett Copy Share Image
Diversification is a surrogate - and a damn poor surrogate - for knowledge, elements of control, and priceconsciousness. — Martin J. Whitman Copy Share Image
“Diversification is everything. You get past “this” by having lots of “that”s.” — James Altucher Copy Share Image
Wide diversification is only required when investors do not understand what they are doing. — Warren Buffett Copy Share Image
“It is by owning multiple asset classes - foreign stocks, bonds, TIPS, real estate, commodities, etc. - that we can truly consume the "free… — Alex Frey Copy Share Image
“Diversification is a component and in some cases a very good initiation of value creation.” — Pearl Zhu Copy Share Image
The beauty of diversification is it's about as close as you can get to a free lunch in investing. — Barry Ritholtz Copy Share Image
Almost all good businesses engage in 'pain today, gain tomorrow' activities. — Charlie Munger Copy Share Image
If you want good behavior, don't pay on a commission basis. Our judges aren't paid so much a case. We keep them pretty well… — Charlie Munger Copy Share Image
Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to… — Charlie Munger Copy Share Image
I think time and time again, in reality, psychological notions and economic notions interplay, and the man who doesn't understand both is a damned… — Charlie Munger Copy Share Image
I have what I call an iron prescription that helps me keep sane when I naturally drift toward preferring one ideology over another and… — Charlie Munger Copy Share Image
The tax code gives you an enormous advantage if you can find some things you can just sit with. — Charlie Munger Copy Share Image
The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And… — Charlie Munger Copy Share Image
Some years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company.… — Charlie Munger Copy Share Image
They [Mc Donalds] take people and give them a first job, which enables them to get a second job. They do a very good… — Charlie Munger Copy Share Image
We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good… — Charlie Munger Copy Share Image
It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling… — Charlie Munger Copy Share Image
We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good… — Charlie Munger Copy Share Image
Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate… — Warren Buffett Copy Share Image
I started digging and found that Israel signed a peace treaty with the United Arab Emirates after the country had diversified their economy, instead… — Shai Agassi Copy Share Image
If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that… — Warren Buffett Copy Share Image
Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do… — Warren Buffett Copy Share Image
As a result of overdiversification, their (active managers) returns get watered down. Diversification covers up ignorance. Active managers haven't done enough research into any… — Bill Ackman Copy Share Image
“Diversification is a component and in some cases a very good initiation of value creation.” — Pearl Zhu Copy Share Image
“I like "multi-"...multiplicity, multicultural, multiplication etc. Any contribution to diversification and value augmentation is achievement.” — Rossana Condoleo Copy Share Image
I think we are seeing a radical shift in the business in general. The studios are making much more of the real big extravaganzas… — Barry Levinson Copy Share Image
The Berkshire-style investors tend to be less diversified than other people. The academics have done a terrible disservice to intelligent investors by glorifying the… — Charlie Munger Copy Share Image
Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the… — Warren Buffett Copy Share Image
Diversification is an established tenet of conservative investment. — Benjamin Graham Copy Share Image
![“They [Mc Donalds] take people and give them a first…” quote by Charlie Munger](https://sms4smile.com/quotes/img-quotes/a55/charlie-munger-458_be-good_they-mc-donalds-take-people-and-give-the_41809.jpg)
