Charles Mizrahi

Andrew Carnegie

The Untold Pitfalls of Portfolio Diversification

The Untold Pitfalls of Portfolio Diversification

by | Jul 26, 2023 | Andrew Carnegie, Banyan Edge, charlie munger, investing strategies, Investment Opportunities, portfolio diversification, Stocks, Trading Strategies, Warren Buffett

If you want to preserve your wealth … diversify. Spread your money among 20 to 30 stocks or better yet, buy an index fund. This way, no one stock will sink your portfolio. But keep in mind, you won’t make outstanding returns. And the reason is simple: You can’t...