That's the Buffet way of getting rich , this does not mean it will work for you , we are in a different period of time with different market parameters ...
Some say that diversification is something that stock traders and brokers came up with to protect themselves, so they wouldn't get sued.MultiBillionaires like Henry Ford , Bill Gates never diversify. They will tell you that " The way to get rich is to put your eggs in one basket" others will tell that's exactly how you can get broke and fast , cause having all your eggs in one single basket can have them all broke at once and you will be left with debris to count , instead with diversification you are relatively protected although you may not get very rich very fast but at least you won't get broke all at
once and very fast too ...some brokers will tell you that in these times of hyperinflation it is very wise to have at least 20 to 30 percent of your wealth in physical gold or silver far away from the United States Government Reach , but watch that basket very carefully. And make sure you have the right basket.
