Sep13

It’s not what you don’t know that gets you into trouble – it’s what you do know that then turns out to be wrong.

High conviction bets are made when you think you’re on an absolute winner – a financial certainty.

Sure the rewards can be spectacular if what ‘you know’ turns out to be right.

But life can be very uncertain.

Fortunes are only lost when diversification is thrown out the window.

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