Quote:
Originally Posted by pepper24
Your buddy has all your money in 3 stocks? Not great diversification and sounds risky. It might be a blessing in disquise that you are able to let go of this relationship as friends and move on with someone else.
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Not to derail this thread into an investment selection thread, but I disagree with this. If you know what you are buying and understand the investment you should bet heavy when the odds are in your favour. I think that the idea of buying a lot of companies that you barely understand in the name of diversity is a lot riskier.