Diversification Quote by Charlie Munger

The idea of excessive diversification is madness.

— Charlie Munger

Wide diversification is only required when investors do not understand what they are doing.

— Warren Buffett

“The purpose of diversification is so that when one investment goes down or is not doing well, you are insulated from the result because…

— Chris Lutz

“The purpose of diversification is so that when one investment goes down or is not doing well, you are insulated from the result because…

— Chris Lutz

“Diversification is a way to protect financial consultants and stock brokers from ever looking really bad, but it also stops them from looking really…

— David Clark

Diversification is something that stock brokers came up with to protect themselves, so they wouldn't get sued for making bad investment choices for clients.…

— Jim Rogers

It can be shown that maximum diversification is achieved by holding each stock in proportion to its value to the entire market (italics added)...…

— Jeremy Siegel

“It is by owning multiple asset classes - foreign stocks, bonds, TIPS, real estate, commodities, etc. - that we can truly consume the "free…

— Alex Frey

Diversification is a surrogate - and a damn poor surrogate - for knowledge, elements of control, and priceconsciousness.

— Martin J. Whitman

The beauty of diversification is it's about as close as you can get to a free lunch in investing.

— Barry Ritholtz

“I do not believe in diversification. Take a close look at some of the greatest entrepreneurs in U.S. history. Henry Ford never diversified; Bill…

— Ziad K. Abdelnour

Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.

— Warren Buffett