1.4. Warren Buffett often says that he doesn't want a lot of diver ification in his portfolio....
Question:
1.4. Warren Buffett often says that he doesn't want a lot of diver ification in his portfolio. He says that diversification means buying stocks that go up along with stocks that go down; but he only wants to buy the stock that go up! From the point of view of the typical inve tor, what is wrong with this reasoning?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Modern Principles Microeconomics
ISBN: 9781429239998
2nd Edition
Authors: Tyler Cowen, Alex Tabarrok
Question Posted: