O'Reilly logo

500 of the Most Witty, Acerbic and Erudite Things Ever Said About Money by Philip Jenks

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Portfolio management

Diversification

For

“Why look for the needle in the haystack? Buy the haystack!”

John Bogle, CEO ,The Vanguard Funds, arguing the case for index-tracking funds

Against

“Diversification may preserve wealth, but concentration builds wealth.”

Warren Buffett

“Diversification is a hedge for ignorance. I think you are much better off owning a few stocks and knowing a great deal about them.”

William J. O’Neil, author of ‘How to Make Money in Stocks’

“As time goes on, I get more and more convinced that the right method in investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes. It is a mistake to think that ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required