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TIP398: Wisdom from the Greatest Investors w/ William Green
We Study Billionaires - The Investor’s Podcast Network
The Greatest Investor, Bob Goldfob
Bob Goldfob was a brilliant investor, but he made one huge mistake. He put 35% of his portfolio in berkshire company that was totally out of favour. And it basically ended this illustrious career of this great investor. So i think that gives you a sense of the double edged ord of concentration. If someone as smart as goldfog can get blown up by valiant, that's a really, really good lesson for the rest of us to be a little humble and a little wary.
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