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MI222: How to Invest Like Warren Buffett w/ Robert Hagstrom
Millennial Investing - The Investor’s Podcast Network
How Much Diversification Do You Need?
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When we're thinking of investing in terms of a business mentality, we want to be business owners. Often we might go to what we know best. I can see an issue where then we could only invest in companies in one industry or sector. Is there anything that you would recommend in terms of how to just stain your niche, but then also diversify? Warran: There is a happy medium between owning every sector and owning hundreds of stocks like an index parmer does.
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