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Should You Narrow Your Focus Or Spread Your Bets?

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Manage episode 352634829 series 2842386
Content provided by Ian Mathews and Frank Cava, Ian Mathews, and Frank Cava. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ian Mathews and Frank Cava, Ian Mathews, and Frank Cava or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Prevailing wisdom extolls the virtues of diversification. Spread your effort and investments so that no venture can bring you down. But how much do you know about anything with so little time invested in each? Look at the richest individuals in history, and you'll find very few who did it by diversifying. Most took big bets on themselves, burned the boats, and pushed all their chips onto the table. We debate the merits of both strategies in this episode.

  continue reading

135 episodes

Artwork
iconShare
 
Manage episode 352634829 series 2842386
Content provided by Ian Mathews and Frank Cava, Ian Mathews, and Frank Cava. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ian Mathews and Frank Cava, Ian Mathews, and Frank Cava or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Prevailing wisdom extolls the virtues of diversification. Spread your effort and investments so that no venture can bring you down. But how much do you know about anything with so little time invested in each? Look at the richest individuals in history, and you'll find very few who did it by diversifying. Most took big bets on themselves, burned the boats, and pushed all their chips onto the table. We debate the merits of both strategies in this episode.

  continue reading

135 episodes

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