Is Diversity For Idiots?

[James G.]

Hi BP. I’ve heard different takes on this topic, and I want to hear what the BP community had to say. People like Mark Cuban and other successful entrepreneurs have been heard saying “diversity is for idiots” because you can never know what’s going on with every investment you make. On the other hand, I’ve heard investors like Jim Cramer and many others say that diversity is crucial. What do you think? What are the pros and cons?

[John Warren]

@James G.

“put all your eggs in one basket, and then watch that basket.”

Andrew Carengie