
Charlie Munger Diversification Myth: The Power of Focus
When financial advisors preach diversification, they often invoke safety, prudence, and balance — the idea that a well-mixed portfolio shields investors from risk. But Charlie Munger, Warren Buffett’s legendary partner and the razor-sharp vice chairman of Berkshire Hathaway, had little patience for that orthodoxy. His philosophy was blunt, unapologetic, and radically simple: know what you …





