Billionaires Say You Shouldn’t Diversify Your Investments, Here’s Why…

Dividends Forever
2 min readSep 10, 2022

“Diversification is for idiots.” That’s what Mark Cuban says. Warren Buffett and Charlie Munger aren’t big into diversifying either. And Elon Musk’s $72,525,136,387 stock portfolio consists of two positions: Tesla and Twitter.

Why do billionaires generally dislike diversification?

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