Should You Narrow Your Focus Or Spread Your Bets? episode artwork

EPISODE · Jan 16, 2023 · 1H 14M

Should You Narrow Your Focus Or Spread Your Bets?

from Let Me Speak To A Manager

Prevailing wisdom extolls the virtues of diversification. Spread your effort and investments so that no venture can bring you down. But how much do you know about anything with so little time invested in each? Look at the richest individuals in history, and you'll find very few who did it by diversifying. Most took big bets on themselves, burned the boats, and pushed all their chips onto the table. We debate the merits of both strategies in this episode.

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Should You Narrow Your Focus Or Spread Your Bets?

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This episode is 1 hour and 14 minutes long.

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This episode was published on January 16, 2023.

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Prevailing wisdom extolls the virtues of diversification. Spread your effort and investments so that no venture can bring you down. But how much do you know about anything with so little time invested in each? Look at the richest individuals in...

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