If you're a "know-nothing" investor, the late Charlie Munger said, then diversification is a smart move—but if you've done your research, diversification could work against you, limiting your returns.
Diversification is almost a sacred word when it comes to investing, but the late Charlie Munger—Warren Buffett’s longtime partner at Berkshire Hathaway—argued that some investors should avoid it ...
Speaking on the Acquired podcast in 2025, Ballmer recalled a candid exchange during a country club Q&A session in Los Angeles, where Munger didn't hold back. "Steve, you know, I'm wondering why you ...