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The Key Characteristics of Great Investors #563

How to Money

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Are You Spreading Yourself Too Thin?

If you're investing in too many different types of asset classes, that's what I'm talking about. We have to specialize and we can't spread ourselves too thin or we're not going to be good at any of the things that we're attempting to do. So limiting our scope and becoming experts on just a couple of things will increase our chances of success markedly. The more complex something is, the more likely it is to be a bad investment.

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