Mark Cuban says, “diversification is for idiots.” If you want to create wealth you have to know when to shove all in. Find a vehicle and place your bet. Andrew Carnegie said, “the way to get rich is put all your eggs in one basket and then watch that basket.” Hmmm, Im having some interesting reading on the plane. I have always believed the above but today its an unpopular view. These two guys are pretty sharp:) Who do you believe? Them or Wall Street (who loves you to lose in multiple areas), and all those trying to do several things at once? Before anyone Jumps the gun, Cuban and others had singular focus and success before branching off and certainly had the resources and man power to manage multiple projects...
Posted on: Tue, 05 Aug 2014 05:13:05 +0000
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