Introduction When I first got interested in investing in common stocks some 50 years ago, I thought it would be wise to research and then study the investing behaviors and philosophies of the recognized investor greats. My efforts first led me to Ben Graham, and from there to many other famous value investors such as …
PCP
Maybe Diversification Is Not All It’s Cracked Up To Be
There’s an old cliché about real estate investing that states that the three cardinal rules are: location- location- location. Clever pundits have borrowed upon this refrain and glibly state that the three most important or cardinal rules of investing are: diversify- diversify- diversify. However, careful analysis will reveal that diversification is a multifaceted concept that …