7min chapter

"The Riff" with Byrne Hobart and Erik Torenberg cover image

E45: Efficient Market Hypothesis, Missing Billionaires, and Digital Currencies

"The Riff" with Byrne Hobart and Erik Torenberg

CHAPTER

Buffett's Investment Philosophy: Focus vs. Diversification

This chapter explores Warren Buffett's contrasting views on concentration and diversification in investment strategies. It discusses the complexities of risk management and the potential pitfalls of overestimating one’s investment prowess while highlighting the benefits of effective risk-adjusted returns.

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