In these days where Warren Buffett promotes index funds its easy to misunderstand what he is preaching. So the next time you are thinking about diversification, picking index-funds over BRK, or being to afraid of using your business analytical skills, remember this video. A Video that all of you have seen before, but forgotten about.
"Diversification is a terrible mistake if you like to evaluate businesses"
"Going into your seventh business instead of putting money in your first one, is a terrible mistake"
"I would probably have had half of it in what I liked the best"
"I don't diversify personally"
Submitted March 16, 2017 at 03:04PM by kCinvest http://ift.tt/2nsfLEe
