http://open.substack.com/pub/schwarcapital
Spread your money across countless stocks, they said.
Minimize risk through variety, they claimed.
It seemed logical, even prudent.
But then I encountered Charlie Munger's wisdom:
Spread your money across countless stocks, they said.
Minimize risk through variety, they claimed.
It seemed logical, even prudent.
But then I encountered Charlie Munger's wisdom: