Charlie Munger said diversification is a good thing, but at a point it can start to be bad and he just puts it a little bit more bluntly. I think that was kind of his point there is knowing what you don't know. And when you see something, when you know this is just outside of your circle,  you have two choices. You can choose to dig into it and try to learn more or you can say, "My time is better served getting a little bit smarter"

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