Richard Koch Quotes

Diversification is something that stock brokers came up with to protect themselves, so they wouldn't get sued for making bad investment choices for clients. Henry Ford never diversified, Bill Gates didn't diversify. The way to get rich is to put your eggs in one basket, but watch that basket very carefully. And make sure you have the right basket.

Diversification is an established tenet of conservative investment.

The difference between success and failure is not which stock you buy or which piece of real estate you buy, it's asset allocation.

There is a close logical connection between the concept of a safety margin and the principle of diversification.

The most important key to successful investing can be summed up in just two words-asset allocation.

Behold, the fool saith, "Put not all thine eggs in the one basket" - which is but a matter of saying, "Scatter your money and your attention"; but the wise man saith, "Pull all your eggs in the one basket and - WATCH THAT BASKET." - Pudd'nhead Wilson's Calendar

Wide diversification is only required when investors do not understand what they are doing.

There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.

I'm not a money manager, but I can tell you what the conventional wisdom is. The younger you are, the more risk you can take on.

When it comes to investing, there is no such thing as a one-size-fits-all portfolio.

The beauty of diversification is it's about as close as you can get to a free lunch in investing.

Having the opportunity to follow the market frequently gives you the opportunity to see if you need to reevaluate your portfolio. But reevaluating your portfolio shouldn't trigger a sell signal so frequently.

Having different types of stocks in your portfolio can enhance returns.

The way to become rich is to put all your eggs in one basket and then watch that basket.

If the investor doesn't have enough time and skill to investigate individual stocks or enough money to diversify a portfolio, the right thing to do is to invest in exchange-traded funds that give you exposure to asset classes. It does make sense for the individual investor to think in terms of holding individual asset classes.

It is the part of the wise man ... not even to venture all his eggs in one basket.

One should have a wide variety of assets in one's portfolio. And oil, by the way, is a particularly important asset to have in one's portfolio because we need it, and the economy thrives on it.

We believe in constructing the portfolio so that we put our biggest amount of money in our highest-conviction idea, and then we view the other ideas relative to that.

Children should be taught in school that you should have all kinds of asset classes in your portfolio. They should be taught what those asset classes are, and their advantages and disadvantages.

You've always got to think about having some fixed income in your portfolio as well as equities.

Diversify, because that helps reduce risk. And you can diversify outside the United States. Some people would never invest in Europe - I think that's a mistake.

Well, there's always risk in long-term investment.

You just have to approach every day and say, 'If you were starting fresh today, what would my portfolio look like?' So that's how we think about it.

I think it is crucial to diversify one's portfolio.

Investing in gold is one of the wisest decisions that you can make as an investor.