"Wide diversification is only required when investors do not understand what they are doing." - Warren Buffett

bitcoininfo99 (34)in #investment • 8 years ago

In the beginning, diversification is relevant. Once you've gotten your feet wet and have confidence in your investments, you can adjust your portfolio accordingly and make bigger bets. (For more reason to reduce your diversification, read The Dangers Of Over-Diversifying Your Portfolio.)