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Berkshire AGM 2023 Highlights: Warren Buffett on Elon, EVs, Apple
The Art of Value
The Importance of Diversification
Charlie Munger is known for being incredibly concentrated in his personal holdings. Buffett said to own the S&P 500 index, if you're not keen on analysis or you don't know what you're doing. But Munger says that if you spend the time and research the company, you know the company, then diversification is not really a great thing.
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