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How to Diversify Your Portfolio to Make Money
How are you feeling about American tech stocks right now? If if they're on fire, I obviously wish I were long. For the most part, I mean, I periodically sell them short when I see the mad hysteria taking place. But that's been a long time since I was short that stuff. Paul is asking your philosophy or approach to diversification. Well, Paul, I have learned that diversification is basically something that brokers came up with to cover themselves. The way to make a lot of money is to focus and concentrate not to diversify.