Diversification Is For IDIOTS!

"Diversification is for idiots", according to Mark Cuban. We examine Mark Cuban's claim that diversification is for idiots. Can diversification help you? Should you diversify? Or should you concentrate? Is Mark Cuban right? Or should you ignore Mark's advice about diversification in stocks?

Chapters
0:00 Diversification is for idiots!
0:12 Mark Cuban
0:35 Diversification is for idiots!
0:45 What is diversification?
1:01 What is risk?
1:17 Risk is a necessary evil
1:40 Non diversification
1:50 Portfolio concentration
2:01 Diversify my risks away
2:21 Nasdaq 100
2:32 Apple
3:06 The top 10 stocks in the Nasdaq 100
3:16 Shares are too risky
3:26 Diversify into bonds
3:37 Holding cash
3:47 In what currency?
4:02 Money is fiat currency
4:12 Buying gold
4:22 Lack of growth
4:49 Diversification is the enemy of growth
4:59 Investing in the whole world
5:11 Comparing the whole world to the S&P 500
5:28 Investing in Apple
5:51 Concentrated portfolios for the win
6:01 Enron
6:19 Amazon
6:37 Wynn Resorts
6:56 Concentrated portfolios outperform
7:06 Becoming a stock picker
7:25 Warren Buffett
8:12 Are 6 stocks enough?
8:49 Should you invest like Warren Buffett?
8:59 How many stocks should you own?
9:25 The more concentrated, the more risk
9:44 What's a safe amount of stocks?
9:58 Watch risk vs reward

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