A Quote by Charlie Munger

The idea of excessive diversification is madness.

Charlie Munger

Quote Topics

Diversification Excessive Idea Madness

Quote Author

Charlie Munger
American - Businessman
Born: January 1, 1924

The idea of excessive diversification is madness. Wide diversification, which necessarily includes investment in mediocre businesses, only guarantees ordinary results.

Charlie Munger

It's important to Russia to be able to attract capital and to attract technology to develop their oil fields, their oil and gas fields, many of which suffer from lack of access to the very best technologies. And it's also important, and this has been the US government's view to have diversification of supply, diversification of supply roots and, of course, diversification in terms of alternative energy.

Condoleezza Rice

We live in a very risky world and investors should not get "carried away" with excessive allocations to equities, or for that matter, real estate. As always asset allocation and low cost and broad diversification will be essential in earning one's fair share of whatever returns our financial markets are generous enough to bestow upon us.

John C. Bogle

I think the big danger of madness is not madness itself, but the habit of madness. What I discovered during the time I spent in the asylum is that I could choose madness and spend my whole life without working, doing nothing, pretending to be mad. It was a very strong temptation.

Paulo Coelho

In an age of madness, to expect to be untouched by madness is a form of madness. But the pursuit of sanity can be a form of madness, too

Saul Bellow

The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.

Ron Chernow

I've always been a big believer in diversification for anybody. It's never good to put all of your efforts and all of your time and all of your financial resources into just one project. Diversification is key for any individual and any business.

Paul Heyman

There is a method in his madness, and the rudimentary idea in my mind is growing. It will be a whole idea soon, and then, oh, unconscious cerebration.

Bram Stoker

We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good investments and that you wanted to be in good investments, and therefore, you'd just find a few of them that you knew a lot about and concentrate on those seemed to me such an obviously good idea. And indeed, it's proven to be an obviously good idea. Yet 98% of the investing world doesn't follow it. That's been good for us.

Charlie Munger

My biggest weakness is that I'm excessive. Fortunately for everyone concerned, I'm not as excessive as I used to be.

Mel Gibson

Excessive liberty and excessive servitude are equally dangerous, and produce nearly the same effect.

Zoroaster

Wherever there is excessive wealth, there is also in the train of it excessive poverty.

Walter Savage Landor

Excessive sorrow laughs. Excessive joy weeps.

William Blake

Excessive liberty leads both nations and individuals into excessive slavery. [Lat., Nimia libertas et populis et privatis in nimiam servitutem cadit.]

Marcus Tullius Cicero

When you're thinking, please remember this: excessive pride is a familiar sin, but a man may just as easily frustrate the will of God through excessive humility.

Ken Follett

When life itself seems lunatic, who knows where madness lies? Perhaps to be too practical may be madness. To surrender dreams, this may be madness ...Maddest of all is to see life as it is and not as it should be.

Miguel de Cervantes

A Quote by Charlie Munger

Quote Topics

Quote Author

Related Quotes

Related Authors