diversification quotes

My biggest extravagances are also investments. I have several houses in California, a house in Nashville, an office complex, and I bought the old home place in Tennessee. They are different places for me to write, but I can turn right around and sell them.

What I invest in, while not risky for me, may be too risky for most people.

Many U.S. investors are already investing overseas rather than at home.

Many financial advisors recommend that you diversify for your own protection. What they fail to tell you is that it is also for their protection. Since most financial advisors cannot tell you exactly which stock or mutual fund is a great investment, they tell you to buy a bunch of them.

With Virgin, I’ve just loved creating things. And as a private company, I can get away with moving Virgin from records to airlines to train companies to space companies to whatever, without ever having to worry about analysts knocking the value of my stock.

It’s OK to have your eggs in one basket as long as you control what happens to that basket.

Wide diversification is only required when investors do not understand what they are doing.

The way to become rich is to put all your eggs in one basket and then watch that basket.