@chiragpatel I just thought i would add my views on diversification. I will qualify this by saying that this is my view based on my experience and after spending countless hours reading and analysisng everything i can find. I said this before and will say so again, spend a considerable amount of time reading, researching a forming your own views before investing a cent.
The key point i will make is dont diversify for the sake of diversification. I would also note that diversification in terms of the number of different companies you own does not equate to diversification in terms of risk. If there are only 3 companies that you see that present value at current prices, only invest in those 3 companies! My approach in this instance is to retain some cash as an option over future low prices.
As always DYOR and goodluck
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