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The Importance of Diversification and Prudent Principles
This chapter explores the concept of diversification throughout history and highlights its importance as a prudent principle. It discusses how strategies that worked in the past may not always be effective.
On today’s show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” With a strong focus on kindness, they discuss what has made them Richer, Wiser, or Happier in the past quarter
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
06:27 - How not to let negative emotions run
21:15 - How to stay humble in your search for your approach
32:36 - How to set up a process for validating the truth
58:35 - How to play games you are equipped to win
1:07:13 - How to understand the emotions of the best investors
1:16:42 - How a job selling flowers can change your life
1:30:21 - How to think about intentions when you want to help your fellow man
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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