AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
MI222: How to Invest Like Warren Buffett w/ Robert Hagstrom
Millennial Investing - The Investor’s Podcast Network
Is Concentration the Key to Outsized Returns?
4min Snip
00:00
Summary
Transcript
Episode notes
i think that it's an excellent question, and i think you've cind of got the boundaries around it quite right. The one thing that you mentioned about concentration versus diversification, i think was really interesting. Because warren buffet took a lot of concentrated bets during his career. However, on the other hand, as investors, were often told to diversify. So let'sgo back. There's lots i want to unpack there. If you can actually analyze companiesand you think about em as businesses, then really it's in your best interest to own fewer stocks,. You're basically concentrating your bets on those things that have the highest probability of degenerating.You now, high
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode