Why Diversification Results In Mediocrity
one of the most interesting pieces of information we found through our analysis is that Great Funds know how to concentrate capital exceptionally well.
Great Funds invested 38.7% of their capital in 23.1% of their investments, which generated over 5X+. 23.9% of that capital went into their 10X+ investments.
Good Funds on the other hand invested 18.... See more
Great Funds invested 38.7% of their capital in 23.1% of their investments, which generated over 5X+. 23.9% of that capital went into their 10X+ investments.
Good Funds on the other hand invested 18.... See more
Jason Shuman • Big Winners and Bold Concentration: Unveiling the Secret Portfolio Returns of Leading Venture Funds
No big shocker here—there is always a direct correlation between diluted focus and a diluted bank account.
Mike Michalowicz • The Pumpkin Plan
Seth A. Klarman remarks at MIT
valuehunter.files.wordpress.comSo what is an investor to do? The next step lies in what is called the only free lunch in investing – diversification.