Diversification Quotes

• Here is part of the tradeoff with diversification. You must be diversified enough to survive bad times or bad luck so that skill and good process can have the chance to pay off over the long term.

  Joel Greenblatt

  Skills, Long, Luck

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• Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.

  Warren Buffett

  Ignorance, Littles, Investing

  49 Copy quote

• Diversification may preserve wealth, but concentration builds wealth.

  Warren Buffett

  Concentration Of Wealth, Investing, May

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• Diversification is an established tenet of conservative investment.

  Benjamin Graham

  Investing, Conservative, Investment

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• If you invest and don't diversify, you're literally throwing out money. People don't realize that diversification is beneficial even if it reduces your return. Why? Because it reduces your risk even more. Therefore, if you diversify and then use margin to increase your leverage to a risk level equivalent to that of a nondiversified position, your return will probably be greater.

  Jeff Yass

  People, Risk, Use

  39 Copy quote

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

  Warren Buffett

  Success, Business, Intelligent

  62 Copy quote

• Diversification and globalization are the keys to the future.

  Fujio Mitarai

  Keys, Globalization

  18 Copy quote

• It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.

  Robert Kiyosaki

  Money, Greatest Wealth, Generations

  34 Copy quote

• Know what you own, and know why you own it.

  Peter Lynch

  Money, Intelligent, Investing

  37 Copy quote

• Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks.

  Ron Chernow

  Responsibility, Safety, Mutual Fund

  59 Copy quote

• There is a close logical connection between the concept of a safety margin and the principle of diversification.

  Benjamin Graham

  Safety, Investing, Principles

  25 Copy quote

• In choosing a portfolio, investors should seek broad diversification, Further, they should understand that equities--and corporate bonds also--involve risk; that markets inevitably fluctuate; and their portfolio should be such that they are willing to ride out the bad as well as the good times.

  Harry Markowitz

  Risk, Portfolios, Good Times

  40 Copy quote

• To suppose that safety-first consists in having a small gamble in a large number of different companies where I have no information to reach a good judgment, as compared with a substantial stake in a company where one's information is adequate, strikes me as a travesty of investment policy.

  John Maynard Keynes

  Numbers, Safety, Different

  7 Copy quote

• I believe in diversification of income, because you never know what will happen. I'm a slightly paranoid person who thinks things could be ruined at any time.

  Eugene Mirman

  Believe, Thinking, Income

  6 Copy quote

• Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.

  Paul Samuelson

  Money, Vegas, Saving

  "Paul Samuelson's Words of Wisdom" by Larry Swedroe, www.cbsnews.com. December 17, 2009.

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• How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.

  Robert G. Allen

  Money, Investing Your Time, Saving

  Robert G. Allen (2006). “Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth”, p.5, Simon and Schuster

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• Diversification is protection against ignorance. It makes little sense if you know what you are doing.

  Warren Buffett

  Life, Ignorance, Investing

  8 Copy quote

• We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as "focused" investing.

  Warren Buffett

  Running, People, Trying

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• Diversification is your buddy.

  Merton Miller

  Investing, Buddy

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• Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.

  Warren Buffett

  Knowing, Long, Risk

  28 Copy quote

• Saying that financial literacy means diversification is just another example of the fox teaching the chickens.

  Robert Kiyosaki

  Teaching, Mean, Foxes

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• If you want to make a lot of money, resist diversification.

  Jim Rogers

  Want, Lots Of Money, Ifs

  Jim Rogers (2013). “Street Smarts: Adventures on the Road and in the Markets”, p.61, Crown Business

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• The idea of excessive diversification is madness.

  Charlie Munger

  Ideas, Madness

  "Buffett's Wit and Wisdom". www.fool.com. May 3, 2004.

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• It is our argument that a sufficiently low price can turn a security of mediocre quality into a sound investment opportunity - provided that the buyer is informed and experienced and he practices adequate diversification. For, if the price is low enough to create a substantial margin of safety, the security thereby meets our criterion of investment.

  Benjamin Graham

  Opportunity, Practice, Safety

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• Diversification is something that stock brokers came up with to protect themselves, so they wouldn't get sued for making bad investment choices for clients. Henry Ford never diversified, Bill Gates didn't diversify. The way to get rich is to put your eggs in one basket, but watch that basket very carefully. And make sure you have the right basket.

  Jim Rogers

  Eggs, Choices, Watches

  "Jim Rogers: Diversification Is A Scam" by John Carney, www.businessinsider.com. April 16, 2009.

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