Financial Post: Why portfolio diversification is overrated or ‘protection against ignorance’
You don’t have to be Warren Buffett to build a concentrated portfolio of stocks that outperforms the market, but you do need to adopt some of his investing strategies. Jonathan Ratner.
David Barr was interviewed for Pender’s approach to portfolio concentration, “Our 100th best idea isn’t all that good. We’d much rather continue allocating capital to our best ideas, where we have a much higher level of conviction and understanding.