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Apr 21, 2009 0

How to invest during a financial crisis – The Jim Rogers way

An interesting interview with Jim Rogers is up at Businessweek.com

So you reject the advice about diversified portfolios?

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.
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