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Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Protection
Ignorance
Sense
Makes
Littles
Little
Diversification
Investing

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My idea of a group decision is to look in the mirror.
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When I take a look at a company's annual report, if I don't understand it, they don't want me to understand it.
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Writing checks to the IRS that include strings of zeros does not bother me ... Overall, we feel extraordinarily lucky to have been dealt a hand in life that enables us to write large checks to the government rather than one requiring the government to regularly write checks to us-say, because we are disabled or unemployed.
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