Dear Member,
A man with one house must fix what breaks. A man with eight homes simply moves to the next.
At first glance, this sounds like freedom. But when applied to business or investing, the analogy reveals something deeper—and more dangerous.
“I have one company. If it fails, I have nothing.”
“I have eight companies. If one fails, I’m covered.”
That’s the promise of diversification. A hedge. A buffer. A safety net.
But safety often comes with a price: complexity.
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