What do you think is best: putting all your money in 1 stock or putting all your money in different 10 stocks
>>625114021 stock. GME.
>>62511402why not put all your money into 500 stocks?
>>62511402All money into one stock(XRP)
putting all your money in as many stocks as possiblewhen you invest in just 1, you take on multiple levels of risk>market risk (whether you invest or not)>region risk (developed vs emerging)>country risk (usa vs not)>style risk (growth vs value & large cap vs small)>sector risk (tech vs health)>industry risk (computers vs computer components)>company risk (e.g. apple vs microsoft)when you bet on 1, you're making a claim about all the othersthat's why diversifying (buying others) is considered derisking
>>62511787Amazon is hundred companies.
If you pick the right one, just one…Buffett has said diversification is for people that don’t know what they are doing % is %…if all your diversified companies go up 10% on average you make 10%…if your one company goes up 200%, you make 200%
>>62513435Yeah which is why Berkshire Hathaway owns portions of a bajillion companies.
>>62511402I hold shares in six companies, making up 50% of my portfolio. The rest is in Bitcoin. It’s been working well for five years.
>>62513463What does bh have to do with buffets advice for individual investors? Oh that’s right, nothing, thanks retard, enjoy staying poor
i put all my money into gold amd silver. junk silver mostly