MI222: How to Invest Like Warren Buffett w/ Robert Hagstrom
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Is Concentration the Key to Outsized Returns?
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
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