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That would be correct if dealing with blue chips but because I...

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perfectpair

513 Posts.

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24/01/18

03:48

Post #: 30515800
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Originally posted by salty74 ↑

From Andrew Carnegie:

The concerns which fail are those which have scattered their capital, which means that they have scattered their brains also. They have investments in this, or that, or the other, here, there and everywhere. “Don’t put all your eggs in one basket” is all wrong. I tell you “put all your eggs in one basket, and then watch that basket.” Look round you and take notice; men who do that do not often fail. It is easy to watch and carry the one basket. It is trying to carry too many baskets that breaks most eggs in this country. He who carries three baskets must put one on his head, which is apt to tumble and trip him up. One fault of the American business man is lack of concentration.

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That would be correct if dealing with blue chips but because I only deal with penny dreadful stocks the only way to make alot of money is diversify, well you could put all your eggs in one basket but see how long and we'll that goes for you because your eggs with eventually crack lol

ZYB Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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