Is Diversification For Suckers?

If you look up quotes about diversification from famous investors, you might come across one from renowned investor Warren Buffet that will certainly raise your eyebrows. It goes, “Diversification is protection against ignorance. It makes little sense if you know what you are doing.” Yet, we’ve always heard about diversification being one of the keys to success for retirement planning. How can these seemingly different ideas both be right? Contact: Phone Number: 480-513-1830 Website: https://pelletoncapital.com/ Show Notes:  1:29 - Main Topic: Is Diversification For Suckers? 2:33 - How Does The Average Person Usually Define Diversification? 4:40 - Charles’ Perspective On Diversification 7:00 - How Much Does Charles See The Average Investor Placing An Emphasis On Diversification 8:00 - Is It Possible To Be Too Diversified? 11:58 - Mailbag: Diane Asks About Self-Insuring For Long-Term Care