Tag: Diversification
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Portfolio Management Rules
FFB-Post 27 “Never put all your eggs in one basket.” This age-old wisdom is at the heart of portfolio management. Diversification isn’t just a strategy; it’s a necessity. Warren Buffett once said, “Diversification is protection against ignorance.” Even the greatest investors understand that no one can predict the market completely. Here are some key rules…
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Portfolio Management
FFB-Post 26 When it comes to investing, there are generally two types of investors: those who diversify and those who don’t. The latter may experience some initial success, but they often end up losing everything because nobody can be right all the time. On the other hand, the investor who diversifies is more likely to…
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The Parable of the Pipeline by Burke Hedges
https://amzn.to/484r0VH Busy Bee Section https://amzn.to/484r0VH Main Idea “The Parable of the Pipeline” by Burke Hedges is a book that uses a fictional story to convey a powerful message about financial independence and the importance of creating passive income streams. The main idea of the book revolves around the concept of shifting from being an active…
